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Preemptive measures to manage costs and potential disputes on mega-projects such as LRTs
Preemptive measures to manage costs and potential disputes on mega-projects such as LRTs
Megaprojects, such as LRT's, are characterized by their immense scale, complexity, and substantial financial investment. These projects play a pivotal role in modern infrastructure development. They are also frequently plagued by cost overruns, large delays, and significant disputes. These types of projects tend to take a “life of their own”, and once they do, it…