Publication:
Policy and Planning for Large Infrastructure Projects : Problems, Causes, Cures

Simple item page
dc.contributor.authorFlyvbjerg, Bent
dc.date.accessioned2012-06-20T20:23:14Z
dc.date.available2012-06-20T20:23:14Z
dc.date.issued2005-12
dc.description.abstractThis paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformation is massive cost overruns, benefit shortfalls, and waste. Second, the paper explores the causes of misinformation and finds that political-economic explanations best account for the available evidence: planners and promoters deliberately misrepresent costs, benefits, and risks in order to increase the likelihood that it is their projects, and not the competition's, that gain approval and funding. This results in the "survival of the unfittest," where often it is not the best projects that are built, but the most misrepresented ones. Finally, the paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning methods and changed governance structures, the latter being more important.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/12/6447545/policy-planning-large-infrastructure-projects-problems-causes-cures
dc.identifier.doi10.1596/1813-9450-3781
dc.identifier.urihttps://hdl.handle.net/10986/8579
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3781
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBASE YEAR
dc.subjectCITIES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectDATA COLLECTION
dc.subjectDEBT
dc.subjectDECISION MAKERS
dc.subjectDECISION MAKING
dc.subjectECONOMIC FORECASTING
dc.subjectENGINEERS
dc.subjectEXPECTED RETURNS
dc.subjectFORECASTING MODELS
dc.subjectFORECASTING TECHNIQUES
dc.subjectFORECASTS
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINTERVIEWS
dc.subjectLEARNING
dc.subjectMETHODOLOGY
dc.subjectMUSEUMS
dc.subjectNATIONAL ECONOMIES
dc.subjectREALISM
dc.subjectREGRESSION ANALYSIS
dc.subjectRESEARCH WORKING PAPERS
dc.subjectRESEARCHERS
dc.subjectSCENARIOS
dc.subjectTEACHERS
dc.subjectUNDERESTIMATES
dc.subjectWEIGHTING
dc.titlePolicy and Planning for Large Infrastructure Projects : Problems, Causes, Curesen
dspace.entity.typePublication
okr.crossref.titlePolicy And Planning For Large Infrastructure Projects : Problems, Causes, Cures
okr.date.doiregistration2025-04-10T09:32:28.053572Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2005/12/6447545/policy-planning-large-infrastructure-projects-problems-causes-cures
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEducation
okr.globalpracticeTransport and ICT
okr.globalpracticePoverty
okr.guid968761468141298118
okr.identifier.doi10.1596/1813-9450-3781
okr.identifier.externaldocumentum000016406_20051201094022
okr.identifier.internaldocumentum6447545
okr.identifier.reportWPS3781
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/12/01/000016406_20051201094022/Rendered/PDF/wps3781.pdfen
okr.topicEconomic Theory and Research
okr.topicScientific Research and Science Parks
okr.topicPoverty Monitoring and Analysis
okr.topicInformation and Communication Technologies::ICT Policy and Strategies
okr.topicScience Education
okr.topicEducation
okr.topicPoverty Reduction
okr.topicMacroeconomics and Economic Growth
okr.topicScience and Technology Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
wps3781.pdf
Size:
438.9 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
wps3781.txt
Size:
74.83 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers