That project started off with a $36.75 billion budget and it was completed six years late with final cost of $105 billion - 186% over budget. China has embarked on a mammoth construction spree ...

The Korte Company compiled data from McGraw Hill Construction and the Journal of Construction Engineering and Management to make the argument that design-build is the most efficient project ...

The total cost is approaching $4 billion - nearly double the project's estimate when it ... aren't immune to snowballing budgets on major construction projects with both the new airport in ...