Remaining Crossrail risks signal ‘significant uncertainty’, project representative warns

By Jordan Marshall2020-10-26T05:00:00

Most recent update from Jacobs says level of risk is ‘large for a project at this stage’

The value of the risk remaining in the Crossrail programme is unusually large for a project at this stage, a report from Jacobs has revealed.

The consultant, who was drafted in by Crossrail sponsors Transport for London and the Department for Transport to take an overview of the project, has found that the value of the outstanding risk on the project is an unusually high proportion of the expected cost to complete.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community