...1,390 - or 43 per cent - accounting for $1.4 billion in federal funding have moved beyond the announcement stage and have started work, Chris Day said.Received this email on that point, which others are free to follow-up for themselves as background to Flaherty's numbers today:
The government considers a project to be underway as soon as it is put up for tender, he added - so the public may not see construction crews at work, but new jobs will be created through design and engineering.
as a general rule, design and engineering is less than 10% the cost of a construction project, perhaps as much as 40% for software.Interesting.
you might be able to find the exact averages at PMI (Project Management Institute)
In other words if the government has started construction on 10% of projects, then the most they have spent is about 10%.