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2012 Games Are Stepping Stones in Grand Scheme

Publication Date: 11/3/2010
Author: Peter Reina
Format: HTML

By transforming a 250-hectare blot on London’s landscape into a permanent sports village, after a fortnight for the 2012 Olympic and Paralympic Summer Games, the shapers of the $11.5-billion park hope to leave a green mixed-use development that lives on well into the future. Furthermore, with the 75%-complete project on schedule and very close to its 2007 budget, they are touting the success of a collaborative contractual model that relies heavily on project management and involves sharing risk and reward among the main building team members.

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