Building a wall would be one thing, says Bent Flyvbjerg, but maintaining it quite another.
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The Olympics are costly, risky megaprojects, infamous for blowing budgets out of the water. Are yours? When the Rio Games open Friday they will have exceeded initial budget estimates by…
The cost of Boston’s “Big Dig” ballooned to $14.8 billion – five times the original estimate – before its completion in 2007, eight years behind schedule. Europe’s infamous “Chunnel” project…
Despite their socio-economic significance, megaprojects (projects in excess of $1 billion, ranging from massive infrastructure and large-scale IT, to new bombers for the Department of Defense and blockbuster pharmaceuticals) have…
The world is enamored with setting records: biggest bridge, tallest skyscraper, longest tunnel, fastest rail line. No matter the industry – construction, IT, energy, defense, oil and gas – more…