The Linear Infrastructure Planning Panel (LIPP)’s Post

FirmoGraphs shares an article highlighting some of the most notable capital improvement projects and trends by comparing the CIPs of 10 large cities in the U.S. for 2023 and 2024. #capitalimprovemntplans #infrastructure

Effective project planning is THE critical element of successful project delivery. Unfortunately, it is almost always rushed - contributing to cost overruns, delays and descoping during delivery. This blog provides some actionable advice for managing and delivering major projects and looks at some case studies of successful projects. #projectplanning #projectmanagement #successstories

Navigating the Complexity of Modern Infrastructure Projects Infrastructure projects form the backbone of economic and social development. In recent years, the intricacies of such projects have magnified due to technological advancements, stringent regulations, and the myriad stakeholders involved. As infrastructure advisory consultants, we help steer these colossal ventures from conception to completion, ensuring that they meet their intended goals while navigating a labyrinth of challenges. This blog post aims to demystify the complexities of modern infrastructure projects, offering actionable advice to successfully manage and execute these endeavours. https://lnkd.in/g9d4ncs5

Greystar, a leading organization in the investment, development and management of rental housing properties has made the decision to expand into the realm of Infrastructure Development. Michael Hoverman, bringing nearly 2 decades of experience, has been brought on board as the new Director of Infrastructure, marking a new direction as they aim to diversify their portfolio. Greystar plans to concentrate on infrastructure that enhances "urban living," with interests in areas like clean power, data centers, transition fuels, social infrastructure, transportation, and logistics. Supporting communities where Greystar is already active, their expansion will seek out opportunities in areas that offer 'long-term, secular growth, such as energy transition, digitization and transportation infrastructure'. Initially focusing upon the US market, Greystar plans to exploit its current global network in the future. The Infrastructure Investment and Jobs Act of Nov 2021 has already had $454B of its $1.2T pot claimed, which is still only 38% of the total at the half way point. This, and other federal funding has boosted the infrastructure sector over the past few years. Greystar are but one of many companies looking to capitalize on the current need for new infrastructure projects.

BuiltWorlds is launching its Infrastructure Research Track! Want a preview? As anyone in construction will tell you, the industry is vast and diverse. Residential construction is different from commercial construction, which is different from industrial and infrastructure, and so on. And even within those verticals there are distinct varieties of construction that are fundamentally different from one another, like the difference between new construction and renovation. In an already cluttered and confusing tech landscape, the AEC industry's diversity makes tech selection and benchmarking, at best, time consuming, and at worst, impossible. We launched our research tracks as a means to help construction companies cut through the clutter, providing expedited identification, grading and analytics of tech solutions that other contractors are already using and have found success with. Our Infrastructure Research Track will carry that process into the infrastructure construction space. In this August 12 (at 10am CST) Analyst Call, BuiltWorlds Senior Research Analyst Sean Wrenn will be joined by RODRADAR Co-Founder and CEO Moshe Dalman, Pavewise CEO Bryce W., and Sodex Innovations Co-Founder and CEO Ralf Pfefferkorn to talk about the growing opportunities in tech and innovation relates to infrastructure projects and horizontal construction, including end markets like power, roads, airports, data centers, EVs, and water. Secure your spot on the call today: https://lnkd.in/gQdvtSAb

WHAT CHALLENGES DOES THE UK FACE IN DELIVERING INFRASTRUCTURE PROJECTS? The National Infrastructure Commission published a new report exploring the cost and cost drivers of infrastructure in the UK compared with other countries. We drew on our extensive international dataset to bring objective analysis and insights. Systemic barriers to effective delivery are: 🔹 A lack of clear strategic direction, including long term strategy and funding. 🔹 Challenges with project clients and sponsors: a lack of accountability has impacted several projects. 🔹 Inefficient consenting and compliance: the current process can be risky and resource intensive. 🔹 Constrained supply chain: partially due to the previous factors, the construction sector has been reticent to invest. How have you seen these factors impact your projects? Read the full report at https://lnkd.in/ea5BBBCb. Great to see the fantastic work of our team: Andreas Leed, Giuseppe Sassano, Michala Techau, Britta Kleinsorge, Tiffany Handley, Dirk Poeker and Emma Schubart!

Estimates show that 75% of the infrastructure that will be in place in 2050 does not exist today. This is why it is important to get your infrastructure strategy put together and implemented as soon as possible. Infrastructure investment and sustainable development are top priorities for governments globally. Rapid urbanization and population growth are putting pressure on emerging markets to develop critical new infrastructure, while aging assets and continued underinvestment mean developed economies need to expand their existing focus on infrastructure. Meanwhile, smart cities are emerging as an investment need, with the interface between urban growth, technology, infrastructure and capital requirements presenting a unique set of opportunities and challenges. Our infrastructure team supports infrastructure programs from end to end with an integrated approach to help owners, investors and operators deliver value by advising clients on financial, procurement, strategic and public-private partnerships. See more of what our Canadian infrastructure practice is doing to advise on financial, procurement, strategic and public-private partnership issues for large-scale infrastructure projects and programs https://lnkd.in/ei_u9pVE

Infrastructure projects are crucial for driving economic growth, creating jobs, and improving connectivity, significantly transforming economies and societies. These projects often encounter budget and timeline challenges due to factors like inaccurate cost estimation and inadequate risk management. To enhance the likelihood of success, investing 3 to 5 percent of a project's capital cost in preliminary engineering and design is essential, as it helps identify and mitigate potential challenges early. Addressing these weaknesses and investing in skilled personnel and robust project management methodologies can ensure projects meet their transformative potential efficiently. #programmanagement #projectmanagement #pmp #projectcontrols #ownersrepresentative #constructionmanagement #publicworks #veteranownedbusiness

Infrastructure megaprojects, also known as large-scale infrastructure projects or mega-infrastructure projects, play a pivotal role in transforming economies and societies. These ambitious endeavors have a profound impact on various aspects of society, ranging from economic growth to improved quality of life. By investing in infrastructure megaprojects, countries can stimulate economic development, create job opportunities, and foster innovation. Click below to read more about the trends and challenges of these projects!

#Modes_of_PPP In the realm of infrastructure project delivery, the debate between public and private sector involvement has raged for decades. Each approach presents its own unique set of advantages and disadvantages, making the optimal choice a complex decision. #Key_Considerations: - LCA Demand Certainty: Public projects may face challenges in predicting long-term demand accurately, potentially leading to cost overruns. Private entities, motivated by profit, could better assess and manage demand risks. - User Charges: Public projects often rely on user charges or general taxation for cost recovery, which might be unpopular. Private projects offer flexibility with various user-fee models, potentially leading to higher revenue streams. - Project Complexity: Public sector involvement may suit highly complex projects with technical hurdles, requiring long-term commitment. Private entities excel in delivering less complex projects with clear financial returns. - Asset Ownership: Public ownership ensures public control and accountability but may lead to inefficiencies. Private ownership incentivizes efficient operation, raising concerns about affordability and access. - Information Asymmetry: Public projects may face information asymmetry, lacking full knowledge of costs and risks. Private entities, with a vested interest in success, often possess more complete information. - Project Viability: Public projects may be pursued for social reasons, even if not commercially viable. Private entities, focused on profit, undertake only financially viable projects. - Delivery Mode: Public projects often use traditional procurement methods, which can be slow. Private sector involvement introduces innovative models like public-private partnerships (PPPs) for efficiency and risk allocation. #Interplay_of_Criteria: The optimal delivery mode for an infrastructure project depends on a careful consideration of the criteria outlined above. It's not a one-size-fits-all approach. Understanding the strengths and weaknesses of both public and private sector approaches is crucial for successful and sustainable infrastructure project delivery. Stakeholders can make informed decisions by considering the specific project context and the interplay of various criteria. #Infrastructure #PPP #SustainableDevelopment