Cost overruns of Belgian transport infrastructure projects: Analyzing variations over three land transport modes and two project phases

Transport infrastructure agencies are increasingly coping with strong budget constraints, while being highly under pressure to manage and upgrade an infrastructure network that meets the increasing service level expectations of all its stakeholders. Sound infrastructure management therefore includes tight cost control, a long-term vision and budget planning. Belgium has long been structurally underinvesting in infrastructure, but is in recent years trying to clear the backlog. However, it seems that cost overruns for transport investment projects – paid by the same budget as structural mainten... Mehr ...