Procurement: Develop and construct | Features

Key performance indicators
Variance in expected programme to financial close	Variance in programme	Variance from	Variance from	Typical	Average
14% (1)	8% (2)	0%	-0.50%	4wks	43wks (3)
Notes: Analysis based on 14 projects. 1. Average on projects without major change to scope in pre-construction stage - 6%. 2. Average on projects without delay associated with contractor's risks – 3%. 3. Defects on some projects cleared within 26 weeks. National KPI data is not presented in a format which allows direct comparison but KPI data shows 30% of projects experience cost overrun of over 5% during construction and 35% experience a similar programme overrun