Underestimating Costs in Public Works Projects: Error or Lie?

This article presents results from the first statistically significant study of cost escalation in transportation infrastructure projects. Based on a sample of 258 transportation infrastructure projects worth US$90 billion and representing different project types, geographical regions, and historica...

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Bibliographic Details
Main Authors: Flyvbjerg, B, Holm, M, Buhl, S
Format: Journal article
Published: Routledge 2002