Off the rails: The cost performance of infrastructure rail projects
Love, P.E.D. and Zhou, Jingyang and Edwards, D.J. and Irani, Zahir and Sing, Chun-Pong (2017) Off the rails: The cost performance of infrastructure rail projects. Transportation Research Part A: Policy and Practice, 99. pp. 14-29. ISSN 0965-8564
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Off the Rails Cost Performance of Australian Rail.pdf - Accepted Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (1MB) |
Abstract
Governments in Australia place great emphasis on the development and expansion of their rail networks to improve productivity and service the increasing needs and demands from businesses and commuters. A case study approach is used to analyze the cost performance of 16 rail projects constructed by a contractor between 2011 and 2014, which ranged from AU$3.4 to AU$353 million. Findings indicate that scope changes during construction were the key contributors that lead to the amendment of each project’s original contractual value. As a result, there is a need for public and private sector asset owners to establish a cost contingency using a probabilistic rather than a deterministic approach to accommodate the potential for scope changes during construction. To improve cost certainty during the construction of rail projects, it is suggested that use of collaborative forms of procurement juxtaposed with the use of Building Information Modelling and Systems Information
Modelling are implemented. The utilization of such technological and process innovations can provide public and private sector asset owners charged with delivering and maintaining their rail networks with confidence projects can be delivered within budget and are resilient to unexpected events and adaptable to changing needs, uses or capacities.
| Item Type: | Article | ||||||
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| Identification Number: | https://doi.org/10.1016/j.tra.2017.02.008 | ||||||
| Dates: |
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| Uncontrolled Keywords: | Australia; BIM; Collaboration; Contingency; Cost overrun; Scope changes; SIM | ||||||
| Subjects: | CAH10 - engineering and technology > CAH10-01 - engineering > CAH10-01-07 - civil engineering | ||||||
| Divisions: | Faculty of Computing, Engineering and the Built Environment Faculty of Computing, Engineering and the Built Environment > School of Engineering and the Built Environment Faculty of Computing, Engineering and the Built Environment > School of Engineering and the Built Environment > School of Built Environment |
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| Depositing User: | Ian Mcdonald | ||||||
| Date Deposited: | 21 Mar 2017 15:03 | ||||||
| Last Modified: | 22 Mar 2023 12:15 | ||||||
| URI: | https://www.open-access.bcu.ac.uk/id/eprint/4094 |
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