---
title: WHY ARE MEGAPROJECTS, INCLUDING NUCLEAR POWER PLANTS, DELIVERED OVERBUDGET AND LATE? REASONS AND REMEDIES
description: Discover why megaprojects, including nuclear power plants, often exceed budgets and deadlines, and explore potential solutions to these challenges.
---

[Media](https://canes.mit.edu/media)

# [WHY ARE MEGAPROJECTS, INCLUDING NUCLEAR POWER PLANTS, DELIVERED OVERBUDGET AND LATE? REASONS AND REMEDIES](https://canes.mit.edu/media/why-are-megaprojects-including-nuclear-power-plants-delivered-overbudget-and-late-reasons-and-remedies)

 Written by [MIT CANES](https://canes.mit.edu/media/author/mit-canes) | Sep 18, 2024 6:20:00 PM

Report Date: January 2018  
Appendices: No

The Performance of Megaprojects

Megaprojects are usually defined as projects with budgets above $1 billion that involve a high level of innovation and complexity (Flyvbjerg et al. 2003; Locatelli, Mancini, et al. 2014; Merrow 2011; Van Wee 2007). However, already in 1985, (Warrack 1985) noted that $1 billion is not a constraint in defining megaprojects since sometimes a relative approach is needed. In fact, in some contexts, a much smaller project (such as one with a $100 million budget), could constitute a megaproject.

Program:     ANP : Advanced Nuclear Power Program

Type:     TR 

RPT. No.: 172

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