70% of all projects fail to deliver what was promised to customers

In today’s fast-paced AEC/O (Architecture, Engineering, Construction, and Owners/Operators) industry, delivering what you promised, on time and within budget, is more challenging than ever. According to recent Project Management Statistics, 70% of all projects, including BIM projects, fail to deliver on their original commitments. Whether you are in architectural, structural, MEPF,  construction, or operations and maintenance, these missed targets cost you more than just money. They can erode trust, damage reputations, and slow business growth.

Why do so many technically capable teams fall short?

The top causes of schedule overruns in 61% of typical projects include:

Poor communication

At the same time, 49% of typical projects suffer from cost overruns due to:

Poor communication

Poor risk management

Inaccurate budgeting

Uncontrolled changes

Performance failures

Design flaws or errors

Even with great teams, chaotic workflows, outdated tools, and inconsistent standards make it nearly impossible to avoid these traps.

When delays and budget blowouts become the norm, the consequences stack up:

Clients lose confidence

Your profit margins shrink

Internal frustration rises

Your team’s reputation takes a hit