Cost Drivers Of Major Infrastructure Projects In The UK
This report from the National Infrastructure Commission analyses the factors that can contribute to increased costs on major infrastructure projects. It looks in detail behind the four root causes that can lead to systemic failures in cost management on major projects:
– a lack of clear strategic direction,
– client and sponsorship challenges,
– inefficient consenting and compliance,
– and a constrained supply chain.
The report looked at existing studies to help understand the factors which impact on the cost of major projects, along with evidence from discussions with a range of organisations responsible for schemes across different infrastructure sectors. It includes analysis of how the UK’s performance compares with other peer economies.