The 2015 Global Construction Survey was conducted in late 2014 through face-to-face interviews with 109 senior leaders from organisations carrying out significant capital construction projects worldwide to get their views on the state of the industry.
Project owners are continually striving for a balance between power, responsibility and control. They have the power that comes from control over the budget, yet are ultimately answerable to their corporate Boards and Chief Financial Officers. They bear the responsibility for huge projects worth billions of dollars, along with the associated commercial and reputational costs of failure. Yet, project owners have to cede much of the project execution risk and control to industry experienced engineers and contractors.
KPMG’s 2015 Global Construction Survey focuses on the challenges facing owners as they seek to climb the maturity curve and features the views of over 100 senior executives from both private and public organisations whose annual capital expenditure ranges from a few million US dollars to well over five billion US dollars.
The results, augmented with expert commentary from KPMG’s Major Projects Advisory specialists, should enable project owners globally to chart their own levels of project delivery maturity.
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