Waterways Council, Inc. recently released a new study, authored by HDR, Inc., investigating the rising expenses associated with significant U.S. inland waterways infrastructure projects. This research specifically targets capital projects like locks and dams, assessing the delivery mechanisms typically managed by the U.S. Army Corps of Engineers. The comprehensive study, titled “Recommendations for Improving the Delivery of Inland Waterway Capital Projects,” seeks to provide insights into project cost overruns.
Investigating Project Cost Overruns
The study primarily investigates why costs escalate for U.S. inland waterways capital projects. These vital infrastructure initiatives, encompassing locks and dams, often face significant financial challenges. Understanding the root causes of these cost increases is crucial for future planning and execution.
Waterways Council, Inc. released an HDR, Inc. study investigating rising costs and overruns in U.S. inland waterways projects like locks and dams. It assesses the U.S. Army Corps of Engineers' delivery to understand cost escalation and recommend improvements for greater accountability and efficiency in these vital infrastructure initiatives.
Assessing Delivery Performance
HDR, Inc. conducted the research to assess the U.S. Army Corps of Engineers’ project delivery performance. Specifically, the study focuses on inland navigation projects. Evaluating current delivery mechanisms offers valuable perspectives on potential areas for improvement and efficiency gains.
The Scope of the Research
The comprehensive analysis specifically targets capital projects involving locks and dams. These structures are integral components of the nation’s inland navigation system. Researchers published the study alongside an accompanying infographic, providing a visual summary of its key findings.
Waterways Council, Inc. commissioned this extensive report to foster greater accountability and efficiency in infrastructure development. The findings aim to inform stakeholders and policymakers, promoting more effective management of critical waterways projects nationwide.
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