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If you’re interested in cost benefit analysis of large public projects, Megaprojects and Risk is a must-read. https://en.m.wikipedia.org/wiki/Megaprojects_and_

• triggercut 8y ago
  Yes, a fantastic read. If you're interested in how we can avoid this happening, I can't talk to the US, but in other jurisdictions governments and authorities (and some private sector giants) are slowly adopting more mature governance approaches. Implementing a Benefits Realization methodology [https://en.wikipedia.org/wiki/Benefits_realisation_management https://en.wikipedia.org/wiki/Benefits_realisation_managemen...] in their Portfolio for instance, Alliance contracting procurement models and Integrated Project Delivery to more fairly apportion risk and accountability. I'm cautiously optimistic.