Business
Billion dollar blowouts in major projects predictable – and avoidable – The Age
The West Gate Tunnel project is currently expected to cost about $10 billion, twice the amount flagged when it was announced…
A cost blowout is also predictable whenever a project is announced prematurely that is, before it has the regulatory or financial approvals that constitute a technical commitment, and that are needed before it can actually proceed. The West Gate Tunnel…
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