Perspective: Building megaprojects on time and under-budget
A Perspective sheds light on why megaprojects take so long and cost so much—and what can be done to prevent the problem. Why did Boston’s “Big Dig” building project go 19 billion dollars over budget and take 9 years longer than anticipated? Globally, between $6 trillion and $9 trillion is spent on megaprojects every year, including everything from space telescopes to wind farms. In the United States, the recently passed $1 trillion infrastructure bill means a new era of megaprojects is at hand. In a Perspective, Guru Madhavan and colleagues review the causes behind ballooning costs and extended timelines for such megaprojects. Problems include premature ...













