I blogged a while ago about the powerful combination of standardisation and knowledge management as a way of driving down project costs and times, with some illustrations from clone projects within the oil sector.
Here's an example from another sector - the Nuclear sector. According to this great presentation, Korea pursued a clear strategy for their Nuclear Reactors, building each one to a standard design, and ensuring a rigourous approach to "Lesson learned from one project implementation to another by both factory and field labor". The attached graph shows the result - a progressive reduction in time and cost to build their plants.

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