Bert Stedman
39:26 - 39:51
"As I recall that from those classes that we had years ago on a mega project, if, if you were only 20% or less overrun, that was a successful project."
“As I recall that from those classes that we had years ago on a mega project, if, if you were only 20% or less overrun, that was a successful project.”
- Speaker
- Bert Stedman
- Timestamp
- 39:26 – 39:51
- Community
- Alaska News
- Location
- Juneau, AK, USA
- Captured at
- June 2, 2026
From the transcript
And then it also had the supply chain impacts that followed with that. So very disruptive and wouldn't have been part of the typical project planning processes. Senator Steadman? Yes, thank you, Mr. Chairman. As I recall that from those classes that we had years ago on a mega project, if, if you were only 20% or less overrun, that was a successful project.
Related Coverage
Consultant warns Senate Finance that Alaska LNG faces megaproject risks
Independent megaproject consultant warns Alaska Senate Finance that 92% of megaprojects exceed budget or schedule, with LNG projects averaging 70% cost overruns, directly challenging optimistic timelines for the state's proposed gas pipeline and export terminal.
by Walter AlaskaNews3mo ago2 min readAI