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TN/USE/09
Edition 2027 · effective 1 January 2027

Projects & operations · Major project health check

Nine projects in ten run over budget or schedule. Most say they are on track until they are not.

An independent health check gives sponsors, lenders and boards the honest view that project teams find hard to give.

§ 01The evaluation question

What the evaluator is asked.

“Will this project deliver its scope, on what timeline and at what cost, on the evidence today?”

(The question)

Commissioned by. Sponsor, lender, board, public authority
When. At gateways, or when indicators slip
Usual protocol. A · Joint-party evaluation

91.5%

Major projects that go over budget, over schedule or both, across 16,000+ projects in 136 countries.Bent Flyvbjerg project database, via strategy+business · 2023 ↗

§ 02What is examined

The evidence, and the output.

The evaluator examines

The evidence

Material reviewed, and what was not available, is always stated.

  • Schedule and critical path
  • Cost to complete
  • Contract and interface risks
  • Governance and decision-making
You receive

A rating, a forecast range and the decisions needed

A reasoned view. The decision stays with you.

  • It will not: managing the project
  • It will not: taking over the contractor’s responsibilities

§ 03Depth and time

Usually: Evaluation Panel.

Two or three evaluators from different disciplines. Typical time: Three to five weeks.

§ 04Your version

Every case is different. Frame yours.

Write in your own words. Leave out names and confidential details.

§ 05Related

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