| dc.contributor.author | Odeck, James | |
| dc.contributor.author | Welde, Morten | |
| dc.date.accessioned | 2021-10-21T12:41:01Z | |
| dc.date.available | 2021-10-21T12:41:01Z | |
| dc.date.created | 2021-05-18T12:20:28Z | |
| dc.date.issued | 2021 | |
| dc.identifier.isbn | 9780081026717 | |
| dc.identifier.uri | https://hdl.handle.net/11250/2824531 | |
| dc.description.abstract | What is a cost overrun of a transportation project? What problems does it cause? How should overruns be measured? How common and prevalent are overruns worldwide? What are the potential ways of avoiding overruns? These are the questions that we address in this paper, and the rationale is to provide a brief and comprehensive overview of all of these topics. We show different measures for overruns and recommend when and why they are useful. Furthermore, we rebuff earlier findings that cost overruns are more prevalent than underruns. Finally, we argue that, among several potential measures proposed in the literature to eradicate overruns, quality assurance of estimates is one of the most effective measures. | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | Elsevier | en_US |
| dc.relation.ispartof | International Encyclopedia of Transportation | |
| dc.title | Cost Overruns of Transportation Infrastructure Projects | en_US |
| dc.type | Chapter | en_US |
| dc.description.version | publishedVersion | en_US |
| dc.rights.holder | This chapter will not be available due to copyright restrictions by Elsevier | en_US |
| dc.source.pagenumber | 483-489 | en_US |
| dc.identifier.doi | 10.1016/B978-0-08-102671-7.10089-2 | |
| dc.identifier.cristin | 1910470 | |
| cristin.ispublished | true | |
| cristin.fulltext | original | |
| cristin.qualitycode | 1 | |
