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It is now 20 years since construction on
the Channel Fixed Link commenced in 1986, and many of the contractual
arrangements put in place for that project are now coming up for renewal.
It is, therefore, opportune to review the governance arrangements for
that project and assess whether they have stood the test of time.
Following a review of the governance arrangements of the project and the
performance outcomes, the current financial status of the project will
be presented. On this empirical basis, an assessment will be made
focusing on the ways in which the governance arrangements of the project
led to a dynamic of underestimation of cost and overestimation of
benefits of the facility. In conclusion, some broader lessons will be
drawn for the governance of major infrastructure projects.
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Graham is Professor of Project Management
in Manchester Business School, the University of Manchester, and
Director of the Centre for Research in the Management of Projects. A
social scientist by training, he has run construction projects and
researched various aspects of innovation and project management across a
wide variety of engineering sectors. He is the author of Managing
Production : Engineering Change and Stability (Oxford University Press,
1992), a study of the implementation of CAD/CAM Systems, Innovation and
Management Control (Cambridge University Press, 1985), a study of new
product development in the car industry, and most recently, Managing
Construction Projects, an Information Processing Approach (Blackwell,
2002). These are complemented by over 30 refereed journal articles,
complemented by numerous book chapters, conference papers, and research
reports.
He has held numerous EPSRC awards. He has
recently completed as Principal Investigator ProRIde : Project Risk
Identification and as co-investigator Rethinking Project Management :
Developing a New Research Agenda. He is currently PI on the MBS
contribution to Network Enabled Capability Through Innovative Systems
Engineering in collaboration with BAE Systems and a number of UK
universities.
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