Project Management Institute

Inventing alternatives

with U. S. infrastructure funding gaps the new normal, project teams are getting creative

From energy to water to transportation, the United States' aging infrastructure looks increasingly decrepit. With a significant funding shortfall projected for years to come, the pressure is on teams to find innovative ways to cut costs and time on infrastructure projects. The country's roads, bridges and transit systems will see an investment shortfall of nearly US$850 billion by 2020, according to the American Society of Civil Engineers' 2015 Infrastructure #GameChangers report. Inland waterways need US$13 billion through 2020, according to the U.S. Army Corps of Engineers, and a 2015 U.S. Department of Energy report estimates that the cost of repairing and modernizing the country's power and energy network will reach tens of billions of U.S. dollars. Where all this funding could come from is unclear. In the meantime, organizations are seeking more streamlined approaches to infrastructure projects. Project teams are testing and fine-tuning outside-the-box approaches before pursuing them on a larger scale.
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