The empirical reality of IT project cost overruns: discovering a power-law distribution

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 extreme risk by severely underestimating the prob...

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Bibliografske podrobnosti
Main Authors: Flyvbjerg, B, Budzier, A, Lee, JS, Keil, M, Lunn, D, Bester, DW
Format: Journal article
Jezik:English
Izdano: Taylor and Francis 2022