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Infrastructure projects cost large amounts of money and have a major impact on society, the economy and the environment — and they are probably the most complex projects to conceive and manage well at the critical front end. This paper summarises many of the key issues which senior people concerned with
the development of major infrastructure projects need to think deeply about before a project is authorised to go ahead. It has been prepared by a working party of civil engineers and actuaries, known as the Risk Group, whose previous publications include the RAMP Guide, which can still be very helpful in managing risk throughout the development and construction phases.

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