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dc.contributor.authorHaaskjold, Haavard
dc.contributor.authorAndersen, Bjørn Sørskot
dc.contributor.authorLanglo, Jan Alexander
dc.date.accessioned2021-04-22T08:49:57Z
dc.date.available2021-04-22T08:49:57Z
dc.date.created2021-04-21T07:22:50Z
dc.date.issued2021
dc.identifier.issn0953-7287
dc.identifier.urihttps://hdl.handle.net/11250/2739023
dc.description.abstractThe total cost of a construction project involves both the cost of production and the transaction costs associated with managing the project. However, we know surprisingly little about the magnitude of transaction costs in construction projects. The purpose of this paper is to provide more empirical data as we study what proportion of the total cost in construction projects is spent on managing the project. We use the analogy of human anatomy as we investigate the size of a project’s head (managing the project) compared to the size of its body (producing deliverables). Using a dataset from 134 construction projects in Norway, we find that the project head consists of more than 18% of the total project cost on average. We also investigate how the size of the project head varies depending on a project’s complexity, size, duration and burn rate.en_US
dc.language.isoengen_US
dc.publisherTaylor & Francisen_US
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.no*
dc.titleDissecting the project anatomy: Understanding the cost of managing construction projectsen_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.description.versionpublishedVersionen_US
dc.source.journalProduction planning & control (Print)en_US
dc.identifier.doi10.1080/09537287.2021.1891480
dc.identifier.cristin1905444
cristin.ispublishedtrue
cristin.fulltextpostprint
cristin.qualitycode1


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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
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