1 vote
While infrastructure is driving the economic growth in India, the time and cost overruns impede the sector s potential and good project management can help ensure efficient deployment of resources, says a PMI-KPMG Study on Drivers for Success in Infrastructure Projects 2010. The study which was released after a survey was conducted on 100 infrastructure companies across sectors like roads, bridges, ports, shipping, urban infrastructure, railways, oil and gas also brings to our notice that of the 1,035 infrastructure sector projects completed during April 1992-March 2009, 41% faced cost over-runs and 82% witnessed time overruns. While discussing these phenomena Geno Armstrong, ...