Australian government spending on transport infrastructure over the past 15 years has overrun forecasts by AUS$28bn, according to a think tank.
A report by the Grattan Institute Cost overruns in transport infrastructure analysed 836 projects valued at $20m or more and found that cost “blowouts” or overruns accounted for nearly a quarter of spending on these projects.
☛ Want to stay up to date with the news? Sign up to our daily bulletin.
Receive email job alerts from Supply Management Jobs click here >
Not a CIPS member? Why not join CIPS to access a full range of benefits, including:
And much more.
Click here to join >