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Network Rail delivers infrastructure outputs for the railway industry. Every year 1.3 billion journeys are made on Britain’s railway and 100 million tonnes of freight is transported by rail between ports, factories and shops. A million more trains run every year than just five years ago. Despite this, demand is still increasing. Over the next 30 years passenger demand for rail will more than double and freight demand is expected to go up by 140%.
Within this context, capital investment in new / upgraded infrastructure is crucial in moving the railway forward. There are numerous projects / programmes and business cases which are approved. But how often are the benefits revisited during the project delivery – and eventually realised? Is it still the right project? How have things changed? Do we know where we are? Is there enough management information to make quality governance decisions?