What % of project cost is allocated to preoject monitoring, evaluation and control and why?

Hypothetical sit


You are project manager of a 100 million rupees construction project (primarily civil work, such as road construction). What percentage of the total project budget would you plan for its Evaluation, Monitoring, and Control? If it comes out to be X, how would you divide X among Evaluation, Management, and Control activities to obtain optimum results? The estimated percentages are important but your logic and justification is even more important than the percentages.What % of project cost is allocated to preoject monitoring, evaluation and control and why?
Very tough to say if theres an optimum. A lot of big construction companies will throw all their money in the pot and not know whether or not they'll have some left over at the end till the job is done. The company I work for is just the opposite, perhaps to a fault. They monitor EVERYTHING. The categories you listed kind of overlap in my mind. I'd say the big three things to divy time up to are quality control (building the work right), safety/environmental (making sure you don't get sued), and work efficiency/productivity (building it cheap). Don't know what to tell you for a good ratio, but you can expect to have about 75 people working overhead on, say, a 500 million dollar job.