Showing 1 - 10 of 20
Lock-in, the escalating commitment of decision makers to an ineffective course of action, has the potential to explain the large cost overruns in large-scale transportation infrastructure projects. Lock-in can occur both at the decision-making level (before the decision to build) and at the...
Persistent link: https://www.econbiz.de/10011424263
Managing large-scale transportation infrastructure projects is difficult due to frequent misinformation about the costs which results in large cost overruns that often threaten the overall project viability. This paper investigates the explanations for cost overruns that are given in the...
Persistent link: https://www.econbiz.de/10011424265
Managing large-scale transportation infrastructure projects is difficult due to frequent misinformation about the costs and benefits, which results in large cost overruns and benefit shortfalls that often threaten the project viability. This paper explores the explanations for cost overruns that...
Persistent link: https://www.econbiz.de/10011424266
Using a methodology similar to that used the in the worldwide research,the cost performance of Dutch large-Scale transport infrastructure projects is determined. In the Netherlands,cost overruns are as common as cost underruns but because cost overruns are larger than cost underruns projects on...
Persistent link: https://www.econbiz.de/10011425573
This paper examines three independent explanatory variables and their relation with cost overrun in order to decide whether this is different for Dutch infrastructure projects compared to worldwide findings. The three independent variables are project type (road, rail, and fixed link projects),...
Persistent link: https://www.econbiz.de/10011425574
Lock-in, the escalating commitment of decision makers to an ineffective course of action, has the potential to explain the large cost overruns in large-scale transportation infrastructure projects. Lock-in can occur both at the decision-making level (before the decision to build) and at the...
Persistent link: https://www.econbiz.de/10011426560
Lock-in, the escalating commitment of decision makers to an ineffective course of action, has the potential to explain the large cost overruns in large-scale transportation infrastructure projects. Lock-in can occur both at the decision-making level (before the decision to build) and at the...
Persistent link: https://www.econbiz.de/10011427246
Managing large-scale transportation infrastructure projects is difficult due to frequent misinformation about the costs which results in large cost overruns that often threaten the overall project viability. This paper investigates the explanations for cost overruns that are given in the...
Persistent link: https://www.econbiz.de/10011427309
Based on the contention that the influence of context on mode choices made in multi-modal trip chains is under-researched, this paper discusses the design and results of a stated choice experiment to estimate the effects of context variables on train egress mode choice: the mode chosen after a...
Persistent link: https://www.econbiz.de/10010289584
This paper gives an overview of good and bad practice for understanding and curbing cost overrun in large capital investment projects, with a critique of Love and Ahiaga-Dagbui (2018) as point of departure. Good practice entails: (a) Consistent definition and measurement of overrun; in contrast...
Persistent link: https://www.econbiz.de/10011901376