Improving Cost Certainty on Rail Megaprojects
Improving Cost Certainty on Rail Megaprojects
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Recent federal and state government reviews have reshaped Australia and New Zealand’s rail development landscape. As we manage demand for public funding, it’s more important than ever for major projects to have budget certainty and effective cost control throughout project delivery.
This course delves into the challenges and solutions associated with cost escalation in large-scale transit and intercity rail initiatives.
Learning Outcomes
Learning Outcomes
By the end of this course, you should be able to:
• Explain the importance of competitive tendering in creating value for money in rail mega projects
• Understand the role of high-level reference designs in enhancing cost and product certainty
• Understand the benefits of an alliancing framework in providing flexibility and value for money
