The paper builds on ICE’s previous work into reducing the gap between project cost estimates and outturns, which outlined the need for a broader approach to project procurement that better captures benefits.
The paper provides:
- Insight into how costs and benefits are currently appraised in the UK
- An overview of the challenges in assessing long-term project outcomes
- Examples of how different international governments appraise the benefits and costs of infrastructure projects
- An outline of emerging thinking and potential future trends into alternative project appraisal approaches
The paper was informed by ICE Fellows and other experts based both in the UK and internationally.
Civil engineering insights into alternative ways of appraising infrastructure procurement
Content type: Policy
You may also be interested in
- Type
- Webinar
Careers talks
Aimed at students, this series of seven webinars which runs until May 2027 will enable you to learn about professional life from recent graduates from across the industry.
- Type
- Webinar
Digital technology and AI in civil engineering: artificial intelligence (AI) in building information modelling (BIM)
The ICE Local Association Bengaluru Region invites you to this online event. Hear from Ravi Kancherla, as he shares insights on recent advancements, practical applications, and demonstrations highlighting how AI-driven BIM enhances design, project management and smarter infrastructure delivery.
- Type
- Awards and competitions
It’s electrifying! South Wales Metro track transformation bags top award
The electrification of the Core Valley Lines impressed the judges at the 2026 British Construction and Infrastructure Awards.