Australia is experiencing a comprehensive and unprecedented infrastructure boom. Economic development and population growth are fuelling increasing demand for reliable and inclusive essential services – from transport networks to energy, water and telecommunications systems as well as social infrastructure including health, education, public administration, housing and justice facilities.
With more than $300 billion of infrastructure spending committed by commonwealth and state governments, the need to manage infrastructure as a well-functioning system is critical. Yet, as the size, complexity and number of mega-projects grow, so too does the risk of failure.
Widespread shortcomings such as cost-overruns, delays, legal action, community opposition and low success rates are now so pervasive that there is a clear mandate to rethink the way we plan, deliver and operate our infrastructure.
As engineers, construction professionals, business advisers, researchers, financiers and government officials, we have an obligation to find a better way to improve the lives of Australians with quality, accessible and cost-effective services to connect us to jobs, education and each other.