http://blogs.reuters.com/summits/2009/05/06/audio-finding-a-model-then-build-baby-build/ Exclusive outtakes from industry leaders Thu, 23 May 2013 00:13:24 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/summits/2009/05/06/audio-finding-a-model-then-build-baby-build/comment-page-1/#comment-821 David Dzidzikashvili Thu, 07 May 2009 17:57:53 +0000 http://blogs.reuters.com/summits/?p=2815#comment-821 We are going to have to pay for all these projects sooner or later. I don’t think at this point we even know the true costs of these project and as it always happens, the price tag will dramatically increase by the time these infrastructure and other projects will be completed. Look at Boston’s Big Dig. This is a perfect example of government failure and miscalculation, the project costs were dramatically underestimated (maybe even voluntarily, to make it easy to sell to the public) and by the end the expenses and costs had ballooned. I think all the new projects that had been on the discussion plate, you could easily multiply it by 2 or 3 and that will be your true cost, and if not 100% correct, the number is very close to reality. How to pay for these? That’s a good question… We are going to have to pay for all these projects sooner or later. I don’t think at this point we even know the true costs of these project and as it always happens, the price tag will dramatically increase by the time these infrastructure and other projects will be completed. Look at Boston’s Big Dig. This is a perfect example of government failure and miscalculation, the project costs were dramatically underestimated (maybe even voluntarily, to make it easy to sell to the public) and by the end the expenses and costs had ballooned. I think all the new projects that had been on the discussion plate, you could easily multiply it by 2 or 3 and that will be your true cost, and if not 100% correct, the number is very close to reality. How to pay for these? That’s a good question…

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