The Business of Infrastructure: Infrastructure Projects - Do They Matter?
Professor Peter Hansford, Professor of Construction and Infrastructure Policy, kicks off The Business of Infrastructure event series by asking, Infrastructure Projects - Do They Matter?
The lecture will begin at 6.30pm and will be followed by a networking reception from 7.30pm.
About Professor Peter Hansford
Peter graduated with a BSc in Civil Engineering from the University of Nottingham in 1975. Following graduation he worked in civil engineering contracting in the UK, building motorways and major trunk roads for six years, before spending four years in Hong Kong supervising the construction of new town infrastructure close to the Chinese border. This was followed by a one-year MBA at Cranfield University.
Peter then spent over 20 years as a project management consultant, working mainly on transport and energy projects and advising on infrastructure developments and capital investment programmes in the UK and overseas. He was executive director for infrastructure at the UK Strategic Rail Authority for three years.
Peter became a chartered engineer in 1980, a Fellow of the Institution of Civil Engineers in 1992 and a Fellow of the Association for Project Management in 2006. He served as the 146th President of the Institution of Civil Engineers from 2010 to 2011, was elected a Fellow of the Royal Academy of Engineering in 2013 and was awarded an honorary doctorate for services to civil engineering by the University of Nottingham in 2014.
From 2012 to 2015, Peter was Chief Construction Adviser to the UK Government. He has recently been appointed as Professor of Construction and Infrastructure Policy at University College London.
About The Business of Infrastructure
Many countries are investing huge amounts in large-scale megaprojects to build or upgrade public infrastructure systems to achieve social, economic and environmental objectives. The UK is spending £500 billion over the next decade in a pipeline of large infrastructure projects. Globally, infrastructure investment in developed and emerging economies is estimated to be $35 trillion between 2007 and 2030. Yet despite their strategic economic and political importance, high-cost and high-risk megaprojects are often late, over budget or fail to meet their original objectives.
New thinking about how to deliver infrastructure projects is required to improve project performance, promote flexible, innovative and collaborative delivery models, capture and transfer lessons learnt, create effective funding mechanisms, and deliver both private and social value from large scale and public utility driven projects.
Our keynote series invites leading scholars and practitioners to provide their insights and stimulate debate about one of the defining grand challenges of our time: how to manage the business of infrastructure.