Affiliation:
1. Director of MRT Planning, Halcrow
Abstract
The civil engineering profession has significantly improved its ability to deliver major infrastructure projects on time and within budget. However, the operating performance of such projects leaves more to be desired. This paper examines the nature and scale of operating risks and sets out to explain why operating performance seldom matches expectations. It looks in particular at new-build urban rail schemes, where operating outcomes are found to differ significantly and systemically from expectations, usually for the worse. It concludes that a radical change in approach for such schemes is needed.
Subject
Civil and Structural Engineering
Cited by
4 articles.
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1. Railway infrastructure portfolio management in the UK;Infrastructure Asset Management;2020-03-01
2. Revisiting risk management in major infrastructure projects—why a socio-technical systems approach makes sense;Applications of Statistics and Probability in Civil Engineering;2011-07-19
3. Operational risk: the focus for major infrastructure?;Proceedings of the Institution of Civil Engineers - Management, Procurement and Law;2010-08
4. Enterprise risk management and civil engineering;Proceedings of the Institution of Civil Engineers - Civil Engineering;2006-11