Final Considerations: Research Implications and Outlook
The project-based design and development of new infrastructure requires dedicating careful attention to understand how the functional and operational requirements may evolve during project delivery and over the operating lifetime. This visioning exercise at the front-end is necessary to make early design decisions on how to ensure that the new capital design can economically adapt to foreseeable change in the future. To design an asset to cope economically with potential change, project teams need to assess and discuss at the early stages of the project whether building provisions in the design will pay off the additional upfront investment. These provisions come ...