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Advanced Search Results For "COST overruns"

1 - 10 of 2,648 results for
 "COST overruns"
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The Empirical Reality of IT Project Cost Overruns: Discovering A Power-Law Distribution.

Publication Type:Academic Journal

Source(s):Journal of Management Information Systems. 2022, Vol. 39 Issue 3, p607-639. 33p. 1 Diagram, 6 Charts, 7 Graphs.

Abstract:If managers assume a normal or near-normal distribution of Information Technology (IT) project cost overruns, as is common, and cost overruns can be shown to follow a power-law distribution, managers may be unwittingly exposing their organizations to e...

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Overall Cost Overrun Estimate in Residential Projects: A Hybrid Dynamics Approach.

Publication Type:Academic Journal

Source(s):Applied Computational Intelligence & Soft Computing. 9/5/2022, p1-17. 17p.

Abstract:Residential projects are described as complex, dynamic systems that are subject to uncertainty. Cost performance is a fundamental challenge. As a result, project managers must adequately identify risks that might lead to cost overruns in residential co...

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Public management and cost overruns in public projects.

Publication Type:Academic Journal

Source(s):International Public Management Journal. Sep/Oct2022, Vol. 25 Issue 5, p677-703. 27p.

Abstract:There is a growing concern in the field of public administration regarding cost overruns, which are often perceived to be a sign of project failure. Past studies have identified potential causes and explanatory factors for the occurrence of cost deviat...

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Analysis of Cost Overrun and Schedule Delays of Infrastructure Projects in Low Income Economies: Case Studies in Ethiopia.

Publication Type:Academic Journal

Source(s):Advances in Civil Engineering. 11/17/2021, p1-15. 15p.

Abstract:Today, several developing countries struggle to improve the cost and time performances of major infrastructure works due to various reasons. Cost overrun and delay are one of the major challenges being faced by the construction and infrastructure secto...

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Project Risk Costs: Estimation Overruns Caused When Using Only Expected Value for Contingency Calculations.

Publication Type:Academic Journal

Source(s):Journal of Management in Engineering. Sep2022, Vol. 38 Issue 5, p1-16. 16p.

Abstract:Real project experiences show that project actual risk cost is usually higher than expected. A significant reason for that overrun could be that the overall expected risk cost (ERc) is often calculated using only the deterministic expected value method...

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Analyzing the factors affecting engineering change implementation performance in the engineer-to-order production environment: case studies from a Norwegian shipbuilding group.

Publication Type:Academic Journal

Source(s):Production Planning & Control. Jul2022, Vol. 33 Issue 9/10, p957-973. 17p.

Abstract:Engineering changes (ECs) are unavoidable in the engineer-to-order (ETO) environment. ECs improve products and bring additional profit to ETO companies if effectively negotiated and implemented. Despite the abundant relevant literature on EC management...

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Multiobjective Robust Optimization Model for Generating Stable and Makespan-Protective Repetitive Schedules.

Publication Type:Academic Journal

Source(s):Journal of Construction Engineering & Management. Sep2022, Vol. 148 Issue 9, p1-13. 13p.

Abstract:Construction projects often face various uncertainties during their execution. Even if planned project schedules are optimal with respect to time or cost, their implementation may be affected by these uncertainties, resulting in project delays, cost ov...

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A Coupled Genetic Programming Monte Carlo Simulation–Based Model for Cost Overrun Prediction of Thermal Power Plant Projects.

Publication Type:Academic Journal

Source(s):Journal of Construction Engineering & Management. Aug2022, Vol. 148 Issue 8, p1-14. 14p.

Abstract:Globally, power projects are prone to cost overrun projects. Within the body of knowledge, previous studies have paid less attention to predicting the cost overruns to assist contingency cost planning. Particularly, in thermal power plant projects (TPP...

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Assessment of current target value design practices: consistencies and inconsistencies of application.

Publication Type:Academic Journal

Source(s):Construction Management & Economics. Jul/Aug2022, Vol. 40 Issue 7/8, p598-617. 20p. 3 Diagrams, 10 Charts, 2 Graphs.

Abstract:Target Value Design (TVD) refers to the application of Target Costing (TC) to the delivery of projects with the involvement of owners, architects, engineers, and constructors (OAEC). TVD has been adopted by the construction community to avoid project c...

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Assessing the Impact of Construction Risks on Cost Overruns: A Risk Path Simulation–Driven Approach.

Publication Type:Academic Journal

Source(s):Journal of Management in Engineering. Nov2022, Vol. 38 Issue 6, p1-17. 17p.

Abstract:The lack of effective and comprehensive risk identification leads to ineffective risk management, which accordingly leads to failure in achieving project goals. Previous research efforts related to simulating risks in construction projects mostly have ...

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