A successful infrastructure investment is the product of a well-thought-out and researched plan. This section outlines the essential elements that must be addressed in moving an infrastructure investment initiative forward.
Well-executed planning and research in the early stages of an infrastructure investment initiative have been identified as the key to ensuring that cost estimates are consistent with the size, scope and complexity of an infrastructure initiative and that initiatives are delivered in a timely and efficient manner. Value-for-money objectives are more likely to be achieved if the time is taken to plan upfront, identifying all the risks to a particular initiative and the strategies to manage those risks. Planning can also help to identify all available sources of public and private capital.