The Problem with Infrastructure Mega Projects

Infrastructure mega projects have a high rate of cost and schedule overruns./n80-90% of all infrastructure projects with budgets over $1 billion have cost overruns./nThe estimated cost of global infrastructure projects with budgets over $1 billion is between $6 and $9 trillion per year, or about 8% of global GDP./nInfrastructure mega projects often take years longer than originally planned./nThe first infrastructure mega project in Denmark, a connection between East and West Denmark, went terribly wrong, leading to the professor's curiosity about common causes of problems in such projects.