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The debate over construction, maintenance and repair of transportation infrastructure tends to focus on where the money comes from. Less attention is paid to how that money is being used once it’s in hand, and how planners thinking about the larger issue of managing the entire infrastructure lifecycle. Too often the stages of design, build and operate are carried out separately, without the kind of cooperation that would allow for a unified approach. On this episode, we get that broader view from John Brown Miller, former professor of construction management and environmental engineering at MIT. He is also founder and president of the nonprofit Barchan Foundation, created to provide an understanding of how public infrastructure projects are financed and delivered. Miller contends that a more holistic approach could save between 30 and 40 percent in total lifecycle costs. It’s all about viewing the issue through the lens of enterprise risk management, he says. Hosted by Bob Bowman, Managing Editor of SupplyChainBrain.
Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes.
A blog post by John Brown Miller on enterprise risk management in infrastructure.
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