REFERENCE CLASS FORECASTING IN ICELANDIC TRANSPORT INFRASTRUCTURE PROJECTS
Previous studies have indicated that the majority of infrastructure projects have cost overruns. The root causes are traced to political, technical and psychological reasons at the initial stage of the project. The consequence is either unintentional overoptimistic forecasting of perceived results o...
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| Format: | Article |
| Language: | English |
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Silesian University of Technology
2016-06-01
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| Series: | Transport Problems |
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| Online Access: | http://transportproblems.polsl.pl/pl/Archiwum/2016/zeszyt1/2016t11z2_10.pdf |