David Zani presents online at the virtual Inter-University Symposium on Infrastructure Management

The session will talk about "Do cost-benefit analyses lead to good projects? Our first insights".

Abstract:
Existing research and data show that both cost and benefit estimates for infrastructure projects are inaccurate in many parts of the world. Costs are systematically underestimated, and benefits are systematically overestimated. Cost-benefit-analyses are therefore inefficient as a decision-making aid, potentially leading to suboptimal decision making. The following research will 1) show if and to what extent this problem is present in public-sector infrastructure projects, 2) show the potential advantages of gathering and managing cost and benefit data, and 3) suggest an organization of project data to provide such advantages. This talk specifically will discuss some of our first insights into this topic from project data gathered thus far (part of work package 1).

external page Details on the Presentation on 9 September 2022

The Virtual Inter-University Symposium is organized by the Northwestern University in Evanston (US) and will take place over a set of 5 scheduled Zoom meetings.

All sessions are listed on the Northwestern University website:

external page Go to Schedule Fall 2022