KPMG shows EPC cost, delay gap
- A KPMG-linked summary shared on social media highlights a persistent reality gap in EPC deliveries: widespread cost overruns and schedule slippage. - The post cites study figures showing about 64% of projects experience cost overruns and roughly 73% face delays, blaming optimism bias, procurement gaps and commissioning squeezes. - The author recommends design freezes, forensic procurement and on-site knowledge transfer to improve field execution and reduce late changes. (x.com/OjoMAdebere/status/2050703385712533538)