HS2 (

HS2 (

 Britain is planning to build a new railway called HS2 (High Speed 2) between London and Birmingham. A number of different figures, official and otherwise, have been published on how much it will cost. Many of these are incomplete, based on poor information, media hype and misunderstandings. Your task is to determine what elements should be included and why in a cost estimate for budgetary authority to proceed to design, build and commence service on the new line, based on your research into the available information. Information is available on recent projects for new railways in Britain. In your answer, you must make clear your sources of information and what you have included for. You should only consider the section between London & Birmingham, not the other sections further north. You should illustrate your answer with a table showing the cost elements, their relative values (in percentage terms) and risk ratings (High, Medium, Low) You should not require more than 500 words in your answer.Harvard

 

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