Opinion: Delays, blowouts and stuff-ups: Victoria’s project problem is bigger than Allan

“Over budget, over time, under benefits, over and over again” – it’s a phenomenon that Bent Flyvbjerg, professor at the University of Oxford, describes as the iron law of megaprojects.

It’s as if Flyvbjerg, who has spent years researching how often infrastructure projects are completed on time and on budget, was predicting Melbourne’s future when he conjured up this term a decade ago...