Project Assessment Essay Example | Topics and Well Written Essays - 1500 words

Project Assessment - Essay ExampleHeseltine, the former deputy prime minister, criticized the cost-benefit depth psychology of the HS2 high-speed railway line. He even suggested that the expected cost of 42.6 billion could be rock-bottom by 10 billion. The comment came after the heightened debate ab step to the fore the certainty of the estimated benefits of the HS2 tolerate. Heseltine also pointed out that the analysis did not consider consequential growth in the project these included later refinement to connect London and Birmingham in 2026, and Manchester and Leeds by 2033. This attracted undying criticism from many quarters. However, the government was insistent that the benefits the project will bring outweighs the projects cost. One of the latest criticisms was that the government overestimated the value of time that people travelling for business would save for short journeys. The assumptions at the time did not consider that a somebody could still work on transit using t heir laptops or other mobile devices. This has seen the time savings on business travel cut down by about a third (Mason & due west 2013).