Public money spent on construction projects which aren't needed and can't be maintained
I'm sure you all have examples of construction projects which have cost a fortune and now lie unused and un-maintained. The World is littered with mega failed construction projects which often were built for political gains or to satisfy egos. The wrong project built in the wrong place. Projects that cost the public a huge amount of money and now there's no money to maintain the new facility. Money that could have been better spent elsewhere. Classic examples of poor project management.
Read this ABC News story about a $120 million airport that is empty most days of the week and a $500 highway to nowhere. Million dollar gambles with public money which may never payoff. Infrastructure which cannot be maintained.
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Qahtan Ghaleb AWAD
17/4/2022 01:13:25 pm
There must be a valid and accurate feasibility study for the project before starting the actual work of the project. Therefore, the largest failure rate is in the start-up phase of the project's life, and the lowest rate is in the project implementation phase
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The opinions expressed in the attached articles are those of the writer. It should be noted that projects are varied and different laws and restrictions apply which depend on the location of the contractor and the project. It's important that the reader uses the supplied information taking cognisance of their particular circumstances. The writer assumes no responsibility or liability for any loss of any kind arising from the reader using the information or advice contained herein.
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