0:28
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
- Timestamp
- 46:59 – 47:28
- 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.
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 AlaskaNews6h ago2 min readAIAlaska
