New Zealand


  • Service: Advisory, IT Advisory, IT Project Advisory
  • Type: Business and industry issue
  • Date: 2/09/2013

Gina Barlow

Director - Project Advisory Services

+64 4 816 4798

Perry Woolley
Director - Project Advisory Services

+64 9 367 5960


David Leighton
Associate Director - Project Advisory Services

+64 9 378 0504

Project Advisory

We can help you increase the probability of project success and enhance your project and programme performance.

Budgeting, estimating and contingency 


Project management leadership series - Issue 4


Budgeting, estimating and contingency management for construction projects


This issue of KPMG’s Project Advisory Leadership Series is designed to provide insight into the inherent risk of construction projects, as well as provide an outline of the common challenges identified when assessing construction projects and the resources available to owners to minimise their risks.

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Topic areas covered include:

  • How do I prepare an accurate project estimate during planning and development?
  • How should historical construction costs be used to develop an estimate for a project?
  • What is the benefit of getting third‑party validation of project costs during budgeting?
  • What is the process for developing a comprehensive budget?
  • How should contingency be established?
  • How do I manage and track contingency once established?
  • What controls should be in place to avoid budget overruns?
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