Development projects in the oil industry often have cost overruns. Through analysis of data from Norwegian development projects in the petroleum industry, this paper investigates the common effect of business cycle developments on cost overruns. Lack of capacity and expertise in a tight supplier...

The recent fall in oil prices has led to extensive capital rationing, and thereby given rise to a renewed focus on parameters for project selection which supplement net present value. While the financial crisis was creating capital constraints, the oil industry seemed to be paying great...

A strong public project governance structure is instrumental to ensure the effective and efficient delivery of projects in the public domain. The Norwegian State Project Model is an example of such a structure; a standardized classification of projects into stages, with defined decision points,...

This article considers the use of fuzzy logic to support the evaluation of project status. A brief description of fuzzy set theory, fuzzy logic and the process of calculation is given. The major goal of this paper is to present an expert decision-making fuzzy model for evaluating project status....

The success of NPD projects of high-cost, engineering-intensive, and customized development products is largely dependent on information sharing with actors from customers regarding their specific requirements (Von Hippel, 1986). But information sharing is also necessary among actors from...

The article deals with types of information systems which fulfill a public function and are used to provide the information for the public. These projects and their management are defined by: a high valueadded knowledge-based components, high quality and reliability of their implementation, the...