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Cost of Project Controls- is there an industry standard?

By Amir Vaziri
Created 17 Jan 2013 - 00:44
Submitted by Amir Vaziri on Thu, 2013-01-17 00:44

Hi,

does anyone know if there is any industry standard rate for project controls as part of the overall project value. I know that it can be different due to the nature of the project, scope of project controls, etc and it must be around 3-5% of overall budget but more wanted to see if there is any valid research or standardised approach behind it?

Regards,

Amir

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