Risk and Resilience for Infrastructure Investment Decisions
Spending money has never been a problem for government. Accounting for it; managing it; and getting a semblance of return have been. As the new Administration proposes its Economic/Infrastructure Plan, I hope it will include the concepts of ‘Risk’ and ‘Resilience’ as part of its infrastructure investment decision making process. Simply replacing a bridge, a road or any piece of infrastructure with an updated version is not a strategy that benefits the community in which it resides or serves.
