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.
registered user content locked

Log in or join PMI to gain access

or Account Registration

Advertisement

Advertisement

Related Content

  • Practice Standard Work Breakdown Structure

    Practice Standard for Work Breakdown Structures member content locked

    An essential tool for project planning, a work breakdown structure organizes a project’s total scope to help practitioners track projects across disciplines and project life cycles.

  • PM Network

    One For All member content locked

    By Pincot, Lenka How many times have you heard IT staffers complain about unrealistic requirements from business teams? And how often have you listened to colleagues from the business side gripe that new tech tools…

  • PM Network

    Exit Plan member content locked

    Brexit opinions in the United Kingdom are evolving right alongside shifting potential outcomes. Project professionals across the U.K. weigh in on how it could impact projects -- and their careers.…

  • PM Network

    Outside the Box member content locked

    Cardboard boxes have been largely unchanged since the 1800s: useful, bland cubes intended to fulfill a company's delivery logistics and destined for a loading dock or stockroom. But the recent…

  • PM Network

    Risk Ready member content locked

    As the speed of business change accelerates, even the most storied organizations are injecting digital transformation into their organizational DNA. With so much change, risk management has moved…

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.