Turnaround Facts

Industry Performance Results

  • Over 90% of turnarounds failed to meet company's business and turnaround goals.
  • Eight out of ten turnarounds experienced cost overruns of 10 - 40 %.
  • Half of the turnarounds suffer from schedule slippages.
  • Almost nine out of ten turnarounds reported work scope growth of 10 - 50%.
  • Most turnarounds were impacted by shortages of qualified staff and crafts.
  • Three out of four times the schedules were abandoned in the first week of turnaround.
  • Most of the turnaround staff reported stress and organisational conflicts as their biggest personal concerns.
  • 90% of post-turnaround critique report recommendations are never implemented.

Turnaround Capabilities Benchmarking Results

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