Media Releases
Wednesday, 9th February 2011
Planners and builders of infrastructure can improve their project's chances of success as well as the benefits it delivers to the community and wider economy by adopting from the outset a number of practical, commonsense measures.
Today I've released Infrastructure Planning and Delivery: Best Practice Case Studies, a resource to help governments and industry build the modern infrastructure our nation needs while minimising the risk of delays and cost overruns.
Requested by the Infrastructure Working Group of COAG, this analysis of six very different infrastructure projects found that the planning and delivery of each was guided by a common set of principles.
The report found that new infrastructure is more likely to deliver value for money to the taxpayer and a good return to investors when proponents:
1. Develop long-term plans and robust business cases;
2. Employ strong governance arrangements;
3. Choose their procurement model on the basis of project specifics and in accordance with established guidelines;
4. Transfer risk appropriately;
5. Carefully manage local and environmental impacts;
6. Remain open to learning the lessons of previous projects.
The work undertaken to identify these commonsense principles will help improve the way our nation plans and delivers new infrastructure.
The six projects analysed were:
A copy of the report can be downloaded from: www.infrastructure.gov.au
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Electorate Office
334a Marrickville Rd
Marrickville NSW 2204
Phone: 02 9564 3588
Parliament House Office
Parliament House
Canberra ACT 2600
Phone: 02 6277 7700
Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au
We acknowledge the traditional custodians of the land on which our offices stand and we pay our respects to Elders past, present and emerging. We acknowledge the sorrow of the Stolen Generations and the impacts of colonisation on Aboriginal and Torres Strait Islander peoples. We also recognise the resilience, strength and pride of the Aboriginal and Torres Strait Islander communities.
Authorised by Anthony Albanese. 334a Marrickville Rd, Marrickville NSW 2204.