Why Do Large Infrastructure Projects Often Fail?

6 Pages Posted: 24 Nov 2011 Last revised: 4 Feb 2012

See all articles by Henrik Lando

Henrik Lando

Copenhagen Business School - CBS Law

Date Written: November 24, 2011

Abstract

The paper reports, in a systematic manner, the views of a group of experienced practitioners on why large infrastructure projects often fail. The views, centering on the role played by the Owner (the Client or Buyer), can be summarized as follows:The owner should be aware of the need of clarity when it comes to own priorities, requirements, decision making authority, and risk allocation, and such clarity together with measures intended to secure a cooperative spirit, including a balanced sharing of risk and conflict resolution schemes that secure a quick resolution of conflicts, are central elements in securing successful projects.

Suggested Citation

Lando, Henrik, Why Do Large Infrastructure Projects Often Fail? (November 24, 2011). Available at SSRN: https://ssrn.com/abstract=1964227 or http://dx.doi.org/10.2139/ssrn.1964227

Henrik Lando (Contact Author)

Copenhagen Business School - CBS Law ( email )

Porcelaenshave 18B, 1
Frederiksberg 2000
Denmark

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