This research project will investigate what conditions and mechanisms enable public sector organizations to take forward-looking investment decisions. The project conceptualizes forward-looking decisions as decisions that anticipate future developments by employing a long time horizon, proposing flexible or robust solutions and using either scenarios or future visions to justify decisions. To be able to flexibly respond to change and embed forward-looking decisions it can be needed to change established institutions. For example, large infrastructural investments depend on the involvement of political decision-makers to approve budgets. But often politicians are not very interested in decisions about end-of-lifetime infrastructure because they view these decisions as non-urgent technical problems and are hindered by short electoral cycles.