A review of all public road and rail projects worth $20 million or more and completed since 2001 reveals a 21% cost overrun. Worryingly, costs of bigger projects blew out more often and by more.
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Articles on Megaprojects
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A better way of evaluating these projects would be to look at their value and sustainability.
Abiy Ahmed has a vision to upgrade Ethiopia’s capital city but his ambitious megaprojects do not take the majority of Addis Ababa’s residents into account
States across Australia are increasingly using market-led proposals to build infrastructure. The emerging problems reflect the inherent risks of projects that bypass proper public planning processes.
Want a rule of thumb for how voters should view megaprojects in manifestos? Read on.
South Africa needs to review its four years decision to exclusively deliver housing through megaprojects.
Top contributors
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Associate Professor of Urban Planning, The University of Melbourne
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Senior Lecturer in Urbanism, University of Sydney
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Senior Associate, Grattan Institute
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Specialist Researcher: Gauteng City-Region Observatory, Wits University, University of the Witwatersrand
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Senior Researcher: NRF South African Research Chair in Spatial Analysis and City Planning, University of the Witwatersrand
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Professor of Complex Project Management, WMG, University of Warwick
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Ph.D Candidate, Faculty of Architecture, Building and Planning, The University of Melbourne
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PhD Candidate, Oxford Department of International Development, University of Oxford
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Full Professor of Complex Projects Business, Polytechnic University of Milan
