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By Jordan Marshall2019-01-28T06:00:00
Source: /Shutterstock.com
Project beset by unrealistic optimism about hitting December 2018 deadline and lack of knowledge at top, KPMG review finds
Crossrail’s board lack the necessary skills and experience to ensure effective decision making and appropriate board challenge, a damning review by KPMG has found.
The firm, which was asked to review Crossrail’s governance and finance arrangements last September, said interviews with stakeholders including representatives from joint sponsors the Department for Transport and Transport for London, as well as Crossrail board directors and executives, revealed gaps in the board’s capability.
The review said: “These capability gaps reflect the current status of the programme and the experience and skills necessary to ensure effective decision making and appropriate Board challenge.
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