United Nations Complex in New York City I just read a GAO report (GAO-12-795) describing the renovations underway at the United Nations complex which sits between 1st Ave and the East River in Manhattan. The project started in December 2006 when the UN approved a $1.88 billion program to modernize its headquarters. In July 2012, when GAO did its study, the project was $430 million (roughly 23%) over budget. To be sure, it’s a massive multiyear complex project taking place in North America’s largest and most densely populated city. So, in many respects it’s not surprising that cost estimates developed years ago would be inaccurate given the reality of today’s situation. But what is interesting is how the UN General Assembly decided who should pay for the changes.
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Why do many stakeholders refuse to pay for an increase in project scope?
