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Speaker A

46:59 - 47:28

"Bent Flyberg is recognized as one of, if not the preeminent researcher of megaprojects. Through his research of Thousands of projects. He's found 92% of megaprojects are over budget, over schedule or both, which he has dubbed the Iron Law megaprojects."

Bent Flyberg is recognized as one of, if not the preeminent researcher of megaprojects. Through his research of Thousands of projects. He's found 92% of megaprojects are over budget, over schedule or both, which he has dubbed the Iron Law megaprojects.
Speaker
Speaker A
Community
Alaska News
Location
Juneau, AK, USA
Captured at
June 2, 2026

From the transcript

This brings us to the iron law of megaprojects within the industry. Bent Flyberg is recognized as one of, if not the preeminent researcher of megaprojects. Through his research of Thousands of projects. He's found 92% of megaprojects are over budget, over schedule or both, which he has dubbed the Iron Law megaprojects. Ernst and Young conducted a similar review in 2014 that examined 205 oil and gas projects.

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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.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min readAI
Alaska
Cover image for article: Consultant warns Senate Finance that Alaska LNG faces megaproject risks