A welcome focus on major projects
October 22, 2012
The Major Projects Authority was set up in 2011 to monitor over 200 projects worth a combined £376 billion, but a report last week published by the Committee of Public Accounts revealed only one in three was delivered on time and to budget.
The timing of this report is welcome, as the whole area of major projects and programmes in public services needs and deserves significantly greater political and managerial focus. This is best evidenced by the change, over only a few years, in the proportion of public spending affected by major projects – from a few per cent to impacting the majority of £700 billion of annual expenditure. (more…)
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