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  • Project Management Journal

    Public-Private Partnerships member content locked

    By Solheim-Kile, Espen | Lædre, Ola | Lohne, Jardar Public-private partnerships (PPPs) have been subjected to considerable public debate. In particular, this debate has concerned PPP financing and its implications. Using insights from agency theory,…

  • Project Management Journal

    Determining Contingencies in the Management of Construction Projects member content locked

    By Ortiz, José I. | Pellicer, Eugenio | Molenaar, Keith R. This research describes the managerial approaches that contractors follow to determine different types of contingencies in construction project management. Two large Spanish general contractors were…

  • Project Management Journal

    Improving Project Budget Estimation Accuracy and Precision by Analyzing Reserves for Both Identified and Unidentified Risks member content locked

    By Kwon, Hyukchun | Kang, Chang W. Project risk is a critical factor in estimating project budget. Previous studies on this topic have only addressed estimation methods that consider project budget reserves against identified risks.…

  • Project Management Journal

    Cash Flow Management of Construction Projects in Saudi Arabia member content locked

    By Shash, Ali A. | Al Qarra, Abdulaziz This article reveals techniques and practices that construction companies follow to forecast and manage cash flow at the project level.

  • Project Management Journal

    Green Building Construction Projects In Singapore member content locked

    By Hwang, Bon-Gang | Zhu, Lei | Wang, Yinglin | Cheong, Xinyi This study aims to investigate the cost premiums and cost performance of green building projects. After an extensive literature review, relevant data from 242 traditional and 121 green building…

  • Project Management Journal

    Toward a Systemic View to Cost Overrun Causation in Infrastructure Projects member content locked

    By Ahiaga-Dagbui, Dominic D. | Love, Peter E. D. | Smith, Simon | Ackermann, Fran Infrastructure cost overruns receive a significant amount of attention in the academic literature as well as the popular press. The methodological weaknesses in the dominant approaches adopted to…

  • Project Management Journal

    Special Purpose Entities in Megaprojects member content locked

    By Sainati, Tristano | Brookes, Naomi J. | Locatelli, Giorgio Megaprojects involve organizations called "Special Purpose Entities" (SPEs) also known as "special purpose vehicles." Despite their relevance, particularly for governance, SPEs are…

  • Project Management Journal

    Practical Application and Empirical Evaluation of Reference Class Forecasting for Project Management member content locked

    By Batselier, Jordy | Vanhoucke, Mario Traditionally, project managers produce cost and time forecasts by predicting the future course of specific events. In contrast, reference class forecasting (RCF) bypasses human judgment by basing…

  • Project Management Journal

    A study on complexity and uncertainty perception and solution strategies for the time/cost trade-off problem member content locked

    By Wauters, Mathieu | Vanhoucke, Mario In this article, the Discrete Time/Cost Tradeoff Problem (DTCTP) is revisited in light of a student experiment. Two solution strategies are distilled from the data of 444 participants and are…

  • Project Management Journal

    Cost overruns in hydrocarbon megaprojects member content locked

    By Olaniran, Olugbenga Jide | Love, Peter E. D. | Edwards, David | Olatunji, Oluwole Alfred | Matthews, Jane Cost overruns are prevalent in hydrocarbon (oil and gas) megaprojects. A recent report indicates that 64% of ongoing megaprojects globally are facing cost overruns. Despite their increasing…

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