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Decision Making And Major Transport Infrastructure Projects
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Book Synopsis Decision Making and Major Transport Infrastructure Projects by : Chantal Cantarelli
Download or read book Decision Making and Major Transport Infrastructure Projects written by Chantal Cantarelli and published by . This book was released on 2015 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: A main problem in the decision-making of major infrastructure projects is the high level of misinformation about costs decision-makers face in deciding whether to build the project. Reduced public funds and misallocation thereof were the main reasons for the revival of private financing in infrastructure planning. A first systematic study into the relation between project ownership and cost performance of transport infrastructure projects showed that the problem may not be the difference between private and public projects but a certain type of public ownership, i.e. state-owned enterprises. This study concluded that it is not ownership in itself that matters in project performance. Ownership does not reveal which parties are responsible for construction, operation, or maintenance. Consequently, we cannot draw any conclusions on whether private parties' involvement results in better project performance. Based on a case study of the HSL-South, a high-speed railway line in the Netherlands, we found that the contracting strategy and the amount of private financing are better determinants for project performance.
Book Synopsis Large Transport Infrastructure Projects by : Bert van Wee
Download or read book Large Transport Infrastructure Projects written by Bert van Wee and published by . This book was released on 2013 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years the subject of decision making on large transport infrastructure projects and related institutional issues have received much attention in the academic and professional literature, partly triggered by the book Megaprojects and Risk (Flyvbjerg et al., 2003). This book shows that for large infrastructure projects cost overruns and demand shortfalls are very common, and that institutional factors play an important role in this being the case. Recent academic contributions include special issues in Environment and Planning B (2007) and Transportation Planning and Technology (2007) and the book 'Decision-making on mega projects. Cost-benefit analysis, planning and innovation' (Priemus et al., 2008).Article listed on SSRN's Top Ten Download List for Infrastructure.
Book Synopsis Supporting Better Decision-Making in Transport Infrastructure in Spain Infrastructure Governance Review by : OECD
Download or read book Supporting Better Decision-Making in Transport Infrastructure in Spain Infrastructure Governance Review written by OECD and published by OECD Publishing. This book was released on 2020-07-30 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Spain, as in most countries, the real obstacle to effective and efficient delivery of key infrastructure is not the availability of finance, but rather problems of governance. This review examines the transport infrastructure governance framework in Spain against OECD good practices. It identifies the main governance bottlenecks for the development of transport infrastructure projects and provides a comparison with what other countries have done to alleviate similar bottlenecks.
Book Synopsis International Handbook on Mega-Projects by : Hugo Priemus
Download or read book International Handbook on Mega-Projects written by Hugo Priemus and published by Edward Elgar Publishing. This book was released on 2013-11-29 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing crucial background information for those who want to understand decision-making processes on large transport infrastructure projects, this fascinating Handbook will prove an important source of information for academics, researchers and stude
Book Synopsis Decision-making on Mega-projects by : Hugo Priemus
Download or read book Decision-making on Mega-projects written by Hugo Priemus and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: It will be useful for those experienced and senior professionals who are charged with authorizing and controlling projects. Recommended. P.F. Rad, Choice Building on the seminal work of Bent Flyvbjerg, this book is a collection of expert contributions that will prove essential to anyone wanting to understand why mega-projects go wrong and how they can be made to work better. Professor Sir Peter Hall, University College London, UK This book offers a refreshing and fascinating look at mega-projects from the perspective of public evaluation and planning. With the changing role of the public sector in planning and implementing large-scale projects and a subsequent strong emergence of private public modes of operation, mega-projects have become a problematic phenomenon. This volume is a major source of information and reference. It provides the reader with unique insights and caveats in mega-projects planning. Peter Nijkamp, VU University Amsterdam, The Netherlands This book enlarges the understanding of decision-making on mega-projects and suggest recommendations for a more effective, efficient and democratic approach. Authors from different scientific disciplines address various aspects of the decision-making process, such as management characteristics and cost benefit analysis, planning and innovation and competition and institutions. The subject matter is highly diverse, but certain questions remain at the forefront. For example, how do we deal with protracted preparation processes, how do we tackle risks and uncertainties, and how can we best divide the risks and responsibilities among the private and public players throughout the different phases of the project? Presenting a state-of-the-art overview, based on experiences and visions of authors from Europe and North America, this unique book will be of interest to practitioners of large-scale project management, politicians, public officials and private organisations involved in mega-project decision-making. It will also appeal to researchers, consultants and students dealing with substantial engineering projects, complex systems, project management and transport infrastructure.
Author :European Conference of Ministers of Transport Publisher :OECD Publishing ISBN 13 :9282113132 Total Pages :235 pages Book Rating :4.2/5 (821 download)
Book Synopsis Assessment and Decision Making for Sustainable Transport by : European Conference of Ministers of Transport
Download or read book Assessment and Decision Making for Sustainable Transport written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2004-03-10 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report makes recommendations for good practice bringing the results of economic appraisals and environmental assessments before decision makers in the transport sector on the basis of reviews of recent experience in infrastructure planning and policy development in seven countries.
Book Synopsis ITF Round Tables Major Transport Infrastructure Projects and Economic Development by : International Transport Forum
Download or read book ITF Round Tables Major Transport Infrastructure Projects and Economic Development written by International Transport Forum and published by OECD Publishing. This book was released on 2014-12-24 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the state of the art in understanding the economic effects of major transport infrastructure projects. It examines the limits of socio-economic cost-benefit analysis (CBA) and reviews the development of approaches to assessing the benefits of investment in large projects.
Book Synopsis The Infrastructure We Ride On by : Joseph Berechman
Download or read book The Infrastructure We Ride On written by Joseph Berechman and published by Springer. This book was released on 2018-04-13 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the various economic and institutional factors that explain why huge investments are made in unworthy transportation mega-projects in the US and other countries. It is based on research, the general literature, economic analyses, and results from a specifically collected database showing that a significant proportion of implemented mega-projects have been found to be inferior ex-ante or incapable of delivering the returns they promised ex-post. Transportation infrastructure and other public investments of a similar scope (“mega-projects”) reflect public sector priorities and objectives, non-pecuniary as well as financial constraints, and a range of decision-making processes. This book describes how decisions made in the public sector with respect to transportation infrastructure investments are affected by the large populations and territories they serve, the estimation of the substantial opportunity costs they entail, the formal procedures instituted for quantitatively appraising projected outcomes and monetary returns, and the political environment in which these decisions are made.
Book Synopsis Institutional Transplantation by : Willem Martin Jong
Download or read book Institutional Transplantation written by Willem Martin Jong and published by Eburon Academic Publishers. This book was released on 1999 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transport Projects, Programmes and Policies by : John Nellthorp
Download or read book Transport Projects, Programmes and Policies written by John Nellthorp and published by Routledge. This book was released on 2017-11-30 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. The European Union is constantly struggling to find effective ways to plan major transport infrastructure developments at a European level. This is a critical factor in the emerging debates surrounding the absorption of the accession states into the EU, but it is essential for these states that their economic competitiveness is supported by appropriate and effective transport infrastructure. It is therefore crucial to find innovative approaches to the infrastructure itself, how it is financed and the ways in which proper evaluation procedures are implemented to select which policies, programmes and projects should be supported. This informative volume brings together leading international specialists in economic evaluation applied within the transport sector. Their contributions encompass all the main levels at which transport planning is typically conceptualized - strategic/regional policy, programme and project planning. It therefore examines how coherent economic evaluation practice can be developed and applied not only across different physical scales, but also across national borders.
Book Synopsis Routledge Handbook of Planning and Management of Global Strategic Infrastructure Projects by : Edward Ochieng
Download or read book Routledge Handbook of Planning and Management of Global Strategic Infrastructure Projects written by Edward Ochieng and published by Routledge. This book was released on 2020-12-30 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines complex challenges in managing major strategic economic and social infrastructure projects. It is divided into four primary themes: value-based approach to infrastructure systems appraisal, enabling planning and execution, financing and contracting strategies for infrastructure systems and digitising major infrastructure delivery. Within these four themes, the chapters of the book cover: the value and benefits of infrastructure projects planning for resilient major infrastructure projects sustainable major infrastructure development and management, including during mega events improving infrastructure project financing stakeholder engagement and multi-partner collaborations delivering major infrastructure projects effectively and efficiently whole-life-cycle performance, operations and maintenance relationship risks on major infrastructure projects public-private partnerships, design thinking principles, and innovation and technology. By drawing on insights from their research, the editors and contributors bring a fresh perspective to the transformation of major strategic infrastructure projects. This text is designed to help policymakers and investors select and prioritise their infrastructure needs beyond the constraining logic of political cycles. It offers a practical set of recommendations for governments on attracting private capital for infrastructure projects while creating clear social and economic value for their citizens. Through theoretical underpinning, empirical data and in-depth informative global case studies, the book presents an essential resource for students, researchers, practitioners and policymakers interested in all aspects of strategic infrastructure planning, project management, construction management, engineering and business management.
Book Synopsis Transport Project Evaluation by : Elvira Haezendonck
Download or read book Transport Project Evaluation written by Elvira Haezendonck and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book puts transport cost benefit analysis in a wider, institutional perspective, relating it in particular to decision making. The book will be of interest to practitioners, consultants and academics who are active in the evaluation of transport projects. Erik T. Verhoef, VU University Amsterdam, The Netherlands This is an important piece of work on project evaluation. An attractive feature is the balanced treatment of theory and application. The book provides very useful information on efforts of national governments in various countries to increase the quality of project evaluation studies by formulating guidelines for project evaluation. One of the strong points of the book is that it does not only address technical aspects of project evaluation tools, but also the institutional structures within which decisions are taken. Piet Rietveld, Vrije Universiteit and Tinbergen Institute, Amsterdam, The Netherlands This book revisits traditional evaluation methods, such as cost benefit analysis, to try and find a balance between the ever-increasing demand for transport, the search for sustainable mobility and green transport solutions, and the limited financial resources that governments are able to invest in transport infrastructure projects. In this respect, the effects of transport policy need to be measured and evaluated based on multiple criteria and the need to take into consideration a larger group of stakeholders and investors in transport projects. The book illustrates, methodologically and empirically, why and how the institutional and multi-actor environment impacts upon the analysis, evaluation and decision-making of transport projects in Europe. Including contributions from scholars with considerable expertise in the field, this book will be of great interest to consultants, policymakers and researchers.
Book Synopsis Integrating Transport in the City Reconciling the Economic, Social and Environmental Dimensions by : OECD
Download or read book Integrating Transport in the City Reconciling the Economic, Social and Environmental Dimensions written by OECD and published by OECD Publishing. This book was released on 2000-02-24 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book puts forward the most promising ways to respond to urban travel problems, enhance public/private partnerships and raise social acceptability of urban transport infrastructure and road tolls.
Book Synopsis Policy and Planning for Large Infrastructure Projects by : Bent Flyvbjerg
Download or read book Policy and Planning for Large Infrastructure Projects written by Bent Flyvbjerg and published by World Bank Publications. This book was released on 2005 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: "This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformation is massive cost overruns, benefit shortfalls, and waste. Second, the paper explores the causes of misinformation and finds that political-economic explanations best account for the available evidence: planners and promoters deliberately misrepresent costs, benefits, and risks in order to increase the likelihood that it is their projects, and not the competition's, that gain approval and funding. This results in the "survival of the unfittest," where often it is not the best projects that are built, but the most misrepresented ones. Finally, the paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning methods and changed governance structures, the latter being more important."--World Bank web site.
Book Synopsis The decision-making process for infrastructural investment choices by : AA. VV.
Download or read book The decision-making process for infrastructural investment choices written by AA. VV. and published by FrancoAngeli. This book was released on 2020-06-19T00:00:00+02:00 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: 380.401
Download or read book Mega Projects written by and published by . This book was released on 2012 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Impact of Transport Infrastructure Investment on Regional Development by : OECD
Download or read book Impact of Transport Infrastructure Investment on Regional Development written by OECD and published by OECD Publishing. This book was released on 2002-05-23 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes evaluation methods for transport infrastructure investments to ensure that scarce resources are allocated in a way that maximises their net return to society.
