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Megaprojects

China’s Chongqing East Railway Station – Have the lessons from a generation of flawed megaprojects truely been learnt?

Source: express.co.uk China likes big! From its $11billion Beijing Daxing International Airport, the world’s largest singlebuilding terminal (of 700,000 square metres), its $79billion South–North water diversion project, to the world’s largest single-dish radio telescope called FAST (FiveHundredMeter Aperture Spherical radio Telescope), this global giant is not  stopping. Last June, the People’s Republic officially launched the […]

Immuning your Megaproject

In 2023, the Financial Times reported that “Protests against the new HS2 (High Speed Two) Ltd railway line have cost the UK government £122 million so far and is expected to cost as much as £200 million.” HS2 Chief Executive as of then, Mark Thurston, told the public accounts committee of MPs that the organisation […]

Megaprojects: Key drivers in 2024 and what lies ahead for 2025

2024 marked an incredible year for global infrastructure and megaprojects, in the United States alone, put-in-place construction infrastructure spending reached $2.15 trillion, a 6.4% jump from 2023, according to ConstructConnect’s Chief Economist, Michael Guckes. A recent survey by FMI Consulting predicts annual construction spending on megaprojects to rise by 30% from 2024 through 2028. This […]

4 Common Causes of Cost Overruns in Mega Projects

Cost overruns are an inherent part of megaprojects. They can be dangerous to your project’s success because they require the parent organisation to spend more than intended. To avoid cost overruns, you must understand what causes them. Improper risk and uncertainty preparation It is every project manager’s dream to complete a project without encountering any […]

Could the HS2 disaster have been predicted?

Earlier in 2021, the next phase of the highly controversial HS2 high-speed railway line in the UK was given the go-ahead, meaning that the line is set to be extended from the West Midlands out to Crewe. The planned HS2 development was conceived as a way to improve public transport across the UK, particularly for […]