Transport consultants should be penalised for producing “significantly inaccurate and misleading” forecasts of transport project costs and benefits, according to a project management expert.
Many forecasts are “garbage”, says Bent Flyvbjerg, a professor and the founding director of BT’s Centre for Major Programme Management at the Saïd Business School, University of Oxford.
Flyvbjerg’s international research has documented major inaccuracies in the...
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