Australia

Details

  • Service: Topics, Infrastructure
  • Industry: Financial Services, Real Estate & Construction, Infrastructure
  • Type: Survey report
  • Date: 10/10/2013

Global Construction Survey

KPMG's Global Construction Survey highlights the outlook for many engineering and construction companies, and key issues confronting the industry.

Global Construction Survey 2013: Ready for the next big wave? 

KPMG International's 2013 Global Construction Survey catches the industry in a more upbeat mood after several years of falling backlogs and tight margins. Economic recovery is stimulating manufacturing, while growing urbanisation is driving a continued demand for infrastructure in all forms.
Global Construction Survey 2013 cover
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This KPMG International survey was conducted in mid-2013 through face-to-face interviews with 165 senior leaders from leading engineering and construction companies in 29 countries.

 

Key insights

  • Invest in people – Ensure recruits have sufficient skills and sector knowledge.
  • Enhance management of mega-projects – The scale of infrastructure projects is increasing. Companies have to step up accordingly.
  • Create a true risk management culture – Many risk controls are in place. Now is the time to ensure contractors are fully aware of and observing the controls.
  • Standardise – In a sector that's grown rapidly through mergers and aquisition, standardisation has become an important goal in project and risk management.
  • Become a strategic partner with clients – By working closely with clients, engineering and construction companies have the opportunity to gain more control over future projects and find innovative ways to reduce costs. This should bring reliability to forecasting and resourcing.

Online edition

View the online edition of the 2013 survey on KPMG's global website.
 

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Real Estate & Construction

KPMG’s Real Estate & Construction practice offers audit, tax and advisory services for a diverse client base in the property and construction sectors.

Infrastructure

Economic and social infrastructure
KPMG helps clients understand the business, investment and public policy opportunities arising from increased investment in infrastructure.