The development of the construction industry is considered to be a significant factor contributing to the economic growth of states and countries. However, many studies have shown that the quality of time and schedule management on civil and construction projects has generally been poor. Thus,...

In this paper, I briefly review the key methods to evaluate transportation projects. These methods are: Financial analysis; Cost benefit (economic analysis); Multi-criteria analysis; Cost-effectiveness analysis; Social welfare analysis; and Risk analysis (Monte Carlo simulation). The importance...

A number of highly cited papers by Flyvbjerg and associates have shown that ex ante infrastructure appraisals tend to be overly optimistic. Ex post evaluations indicate a bias where investment costs are higher and benefits lower on average than predicted ex ante. These authors argue that the...

Paper analyse case study of performance and compliance audit in the port development project in Latvia. Author has participated in the audit process evaluating project management application practical approach in the project implemented by the Riga Freeport Authority and co-funded by the...

This study investigates the relationship between road infrastructure capital stock and total factor productivity (TFP) in Japan using the R-JIP 2017 database, allowing us to estimate TFP by considering the input quality. Using the growth accounting method, we estimate the TFP of each industry in...

This research uses mapped urbanization, PESTEL analysis, Smart City projects, and socioeconomic impacts to analyze the MENA region’s outlook on smart mobility. Countries in the MENA region are implementing large-scale smart mobility projects to combat modern urbanization challenges such as...

This paper analyzes the accuracy of cost estimates for Swedish transport infrastructure projects 2004-2022, discusses causes of cost overruns, and suggests remedies. Cost estimates for all projects in the national investment plans 2010-2022 are tracked from early planning to completion. Final...

The aim of the paper is to critically describe the behaviour of the main Italian transport infrastructural agents (national roads and rails, highway, airports concessions) in the field of infrastructure financing. All the actors are trying to avoid the effects of regulation and, at the same...

Maharashtra State Road Transport Corporation (MSRTC) has been instrumental in providing access and connectivity across the entire state of Maharashtra. Over the last few years, due to a variety of factors, particularly competition from the private sector, MSRTC’s financial performance has...

Japanese Investment in Latin America was considerable in the 1960s and 1970s, but the investment never took off in the developmental style as in East Asia. The author examines why Japanese Foreign Direct Investment in Peru did not follow the pattern of developmental investment, analyzing the...