Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Five things to know about transport project cost overrun

Transport projects are often in the news for the wrong reasons when their costs overrun. A new paper by Bent Flyvbjerg, the BT professor of major programme management at the University of Oxford, analyses the problem and suggests how planners and project managers can avoid their scheme suffering the same fate. LTT reports

14 September 2018
Peter Love, one of the two authors of the original paper that was critical of Flyvbjerg’s work
Peter Love, one of the two authors of the original paper that was critical of Flyvbjerg’s work
Bent Flyvbjerg
Bent Flyvbjerg


W hy do transport projects so often seem to end up costing much more than originally forecast? Professor Bent Flyvbjerg, of the University of Oxford’s Saïd Business School, has spent a lot of time researching this question and his work has shaped the thinking of the DfT and Treasury. He says there is clear evidence that the costs of the vast majority of projects are underestimated at the point the decision is made to proceed with them. As for why this should be so, Flyvbjerg says the...

+97% more


Technical Officer (Traffic and Traffic Schemes)
Oxfordshire County Council
Drayton, Kidlington, Oxfordshire
£34,728 - £37,890
Highways Development Control Officer
Bridgend County Borough Council
Active and Healthy Travel Officer
Oxfordshire County Council
£33,799 - £36,876
View all Vacancies

TransportXtra is part of Landor LINKS

© 2020 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design sussex by Brainiac Media 2020