oa Civil Engineering = Siviele Ingenieurswese - Operating risk : the Achilles' heel of major infrastructure projects



Extracted from text ... iF the SUcceSS of major infrastructure projects is measured by their out-turn performance compared with the forecasts used to justify them, then performance is seldom good. Much attention has focused on implementing projects to time and budget. Poor construction and cost performance has increasingly been targeted and there has been a step-change in performance under some procurement regimes - such that this aspect of performance is now often good. the major problem today is with operations, where performance is still often poor - a fact that arouses surprisingly little interest despite its obvious importance. the genesis of this paper is ..


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