Locatelli, G orcid.org/0000-0001-9986-2249, Invernizzi, DC orcid.org/0000-0001-8178-9557 and Brookes, NJ (2017) Project characteristics and performance in Europe: An empirical analysis for large transport infrastructure projects. Transportation Research Part A: Policy and Practice, 98. pp. 108-122. ISSN 0965-8564
Abstract
Infrastructure megaprojects are historically associated with poor delivery, both in terms of cost and schedule performance. Large Transport Infrastructure Projects (TIPs) are amongst the most controversial and are often delivered late, over budget, and providing less benefit than expected. While there is a growing theoretical body of literature addressing TIPs, empirical research is still required to determine which TIPs characteristics affect TIPs schedule & cost performance. This paper addresses this issue, applying an empirically-based methodology to a dataset of 30 European TIPs. The results highlight the importance of financial support from the government and the strong influence of both external and internal stakeholders, mainly in relation to their early engagement and to their nationality. Technological characteristics and the presence of Special Purpose Entities are also correlated with the TIPs performance. These key findings both support and contradict the literature, and are relevant for both policy makers and project managers during the decision-making process, planning and delivery of TIPs.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2017 Elsevier Ltd. This is an author produced version of a paper published in Transportation Research Part A: Policy and Practice. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Planning; Budget; Schedule; Large Transport Infrastructure Project; Megaprojects; Statistical Analysis |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Engineering & Physical Sciences (Leeds) > School of Civil Engineering (Leeds) > Institute for Resilient Infrastructure (Leeds) |
Funding Information: | Funder Grant number EU - European Union CGA-TU1003-4 |
Depositing User: | Symplectic Publications |
Date Deposited: | 08 Mar 2017 11:50 |
Last Modified: | 11 Jan 2023 12:52 |
Published Version: | https://doi.org/10.1016/j.tra.2017.01.024 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.tra.2017.01.024 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:113285 |