Bent Flyvbjerg
More books by Bent Flyvbjerg…
“Also, the technologically high-risk Apollo aerospace programme is considered a classic success story of megaproject planning and implementation. The cost overrun on this US$21 billion project was only 5 per cent. Few know, however, that the original budget estimate included US$8 billion of contingencies.18 By allowing for risk with foresight, the programme avoided ending up in the type of large cost overrun that destabilises many major projects during implementation. The Apollo approach, with its realistic view of risks, costs and contingencies, should be adopted in more major projects.”
― Megaprojects and Risk: An Anatomy of Ambition
― Megaprojects and Risk: An Anatomy of Ambition
“Infrastructure is the great space shrinker, and power, wealth and status increasingly belong to those who know how to shrink space, or know how to benefit from space being shrunk.”
― Megaprojects and Risk: An Anatomy of Ambition
― Megaprojects and Risk: An Anatomy of Ambition
“Megaproject development today is not a field of what has been called ‘honest numbers’.14 It is a field where you will see one group of professionals calling the work of another not only ‘biased’ and ‘seriously flawed’ but a ‘grave embarrassment’ to the profession.”
― Megaprojects and Risk: An Anatomy of Ambition
― Megaprojects and Risk: An Anatomy of Ambition
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