- Accenture found in a survey of utility company executives that 32% said they had delivered projects on time and budget and another 34% stayed within a cost overrun of 25%.
- Electric companies made up the biggest portion of the executives that Accenture approached after the International Energy Agency said the energy industry will spend $38 trillion on capital projects through 2035.
- "The unprecedented scale and complexity of capital projects on the horizon prompted Accenture to undertake research into the delivery of projects throughout the world," the consulting firm said.
From the article:
How much will utilities and oil and gas companies overspend on large capital projects without improvements being made to the implementation process? The potential losses are staggering. ...