The New Line Copenhagen-Ringsted: the benefits from EU railway benchmarking

Publication: Research - peer-reviewArticle in proceedings – Annual report year: 2012

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Companies in many different business areas face unexpected budget overruns
when carrying out large-scale projects. Usually this happens because of underestimation of actual costs during budgeting. That is why it is important to have specific knowledge of the market situation, not only in one specific country, but also outside the country’s borders. It helps, for example, to find relevant
information about construction materials to lower prices and reducing a project’s
planned costs by several per cent. The same is true of technology and the
companies involved in the construction of the project. “The New Line
Copenhagen-Ringsted” project being developed by Rail Net Denmark will be the
first high-speed railway line in Denmark with a total budget of EUR 1.10 billion.
The focus is on avoiding a budget overrun and on therefore looking for ways of
reducing project costs. We have conducted a benchmark study of other similar
high-speed railway lines in Europe. France, Italy, and Spain have long and
productive experience in constructing and operating high-speed railway lines.
Investigating their best practices brings valuable knowledge to the project. This
paper presents the data we gathered and our results, which will be useful for
other infrastructure managers. Infrastructure managers will be able to make their
own benchmarks to come
Original languageEnglish
TitleComputers in Railways XIII : Computer System Design and Operation in the Railway and Other Transit Systems
EditorsC.A. Brabbia, N. Tomii, J.M. Mera, B. Ning, P. Tzieropoulos
Place of publicationAshurst
PublisherWIT Press
Publication date2012
Pages369-378
ISBN (print)978-1-84564-616-5
ISBN (electronic)978-1-84564-617-2
DOIs
StatePublished

Conference

Conference13th International Conference on Design and Operation in Railway Enginering
CountryUnited Kingdom
CityNew Forest
Period11/09/1213/09/12
NameWIT Transactions on the Built Environment
Volume127
ISSN (Print)1746-4498
CitationsWeb of Science® Times Cited: No match on DOI

Keywords

  • Railway, Benchmarking, Cost drivers, Budget overruns, Unit costs
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