The System Dynamics of Funding and Financing of Transport Infrastructure

Abstract

The delivery of transport infrastructure projects may be viewed as a system with many interrelating factors whose interactions define and influence the successful achievement of expected project outcomes. However, transport infrastructure delivery has seldom been addressed under such a systems view. The present research studies the transport infrastructure delivery system and its dynamics and identifies key tipping points in the project life-cycle that may determine success or failure with respect to the achievement of specific project outcome targets. Key safeguards are proposed to protect the success of infrastructure delivery over the life cycle of the infrastructure with respect to decisions made by the various stakeholders over time. The methodology proposed may be used as a tool for decision makers to predict the future outcome of their decisions