January 14, 2016
Toronto, ON – On January 21, join the Institute on Municipal Finance and Governance (IMFG) and today’s leading infrastructure thinkers and practitioners for a discussion around the release of a new paper, Infrastructure Cost Overruns: Patterns, Causes and Cures.
Cost overruns and schedule delays have plagued major infrastructure projects for decades. Every year, unexpected overruns cost governments tens, if not hundreds of millions of dollars, and individual project managers are first to be blamed. However, this pattern shouldn’t come as much of a surprise. As the international evidence suggests, the bigger the project, the more likely it will miss deadlines and run over budget.
In the new IMFG Perspectives Paper, Cost Overruns on Infrastructure Projects: Patterns, Causes and Cures, Matti Siemiatycki recommends five remedies, based on international best practices.
January 21, 2016
Campbell Conference Facility, Munk School of Global Affairs
1 Devonshire Place
University of Toronto
About the Institute on Municipal Finance and Governance (IMFG)
The Institute on Municipal Finance and Governance is a research hub and think tank that focuses on the fiscal and governance challenges facing large cities and city-regions. It is located within the University of Toronto’s Munk School of Global Affairs.
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