Search

New CRUX Insight Seventh Annual Report

Changing the Narrative Why Engineering and Construction projects continually lose time and money

DOWNLOAD THE CRUX INSIGHT REPORT

October 2024

The 2024 CRUX Insight report Changing the Narrative will show you how to change that narrative from failure to success.

Learn from expert analysis of over 2,000 projects worldwide – and actionable steps to pre-empt problems.

Too many projects overrun budgets or schedules for avoidable reasons.

CRUX Insight identifies the most prevalent (and recurrent) causes of claims and disputes. It explores the underlying drivers and identifies steps to mitigate risk and reduce uncertainty.

Download CRUX Insight and learn how you can better mitigate risks, minimise disruption, and deliver more successful projects.

What key insights you will gain?

  • Causes of project distress ranked globally and by region.
  • The 5 mega-factors compounding project risk.
  • Case studies on how real-life challenges can be resolved.

What will you discover?

  • The main disruptors of projects in your sector / region.
  • Ways to avoid the industry’s most common pitfalls – from contracts to design to behaviours.
  • How to use the CRUX Interactive Dashboard to benchmark your performance.

Seventh Annual CRUX Insight report key facts and figures:

  • Over 2,000 projects across 107 countries analysed with a total value of $2.254 trillion
  • Disputed costs averaged $83.1 million – just under a third (33.2%) of capital expenditure
  • Time overruns would add almost 16 months or two-thirds (66.5%) to a typical schedule
  • The total value of sums in dispute on the projects analysed was $84.44 billion
  • The cumulative length of time extensions was close to a millennium (994 years)
  • Five “mega-disrupters” each affected 40-50% of the projects worldwide:
    1. Conflicts and disputes over contracts
    2. Behaviours
    3. Speed to build
    4. Skills
    5. The environment

About CRUX

CRUX is HKA’s integrated research programme.

This draws on incomparable intelligence from investigations by experts providing claims consulting and dispute resolution services on major capital projects around the world.

CRUX Insight is our annual publication analysing the root causes of claims and disputes. We are committed to sharing lessons with clients and more widely so our industry can effectively manage risks on complex projects.

CRUX Interactive Dashboard

The CRUX database is searchable via an interactive dashboard, which can be used to gauge risks in various sectors and regions, benchmark causes, and help to identify areas for improvement.

Launch Dashboard

The CRUX database is searchable via an interactive dashboard, which can be used to gauge risks in various sectors and regions.

Launch Dashboard
X

Follow HKA on WeChat

关注我们的官方微信公众号

HKA WeChat