
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.”
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.
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.
