Engineering News-Record (ENR) recently listed the 2012 Top 50 Program Management Firms, and CH2M HILL leads the list at No. 1 for the ninth year in a row!
The magazine’s Top 50 Program Management Firms survey ranks companies based on total 2011 revenue for program management services performed as a professional service or fee. CH2M HILL reported to ENR that program management revenue in 2011 was $2,200 million. The total revenue is a 15 percent increase over 2010, when the company reported program management revenue of $1,867 million.
The new program management and construction management rankings were released June 11, 2012, in an ENR article by Gary J. Tulacz titled “Funding Woes Blunt Market – Owners continue to show interest in professional services, but worry deficits in the public sector – a prime CM/PM market – worry firms.” The ENR data show a relatively steady increase in Program Management revenue since 2005. The article states that the top 100 CM-for-fee and program management firms that were surveyed generated $18.66 billion in fees in 2011 for those services, an increase of 6.3 percent from 2009. Domestic revenues grew at a higher rate than the international market, 7.4 percent for domestic revenue and 1.7 percent for international revenue, which is seen as an encouraging for the market.
Other rankings released by ENR in the June 11, 2012, issue listed CH2M HILL at No. 2 for Construction Management-for-Fee firms for the fifth straight year.