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Project Management Journal
Public-Private Partnerships
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,…
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Project Management Journal
Improving Project Budget Estimation Accuracy and Precision by Analyzing Reserves for Both Identified and Unidentified Risks
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.…
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Project Management Journal
The amoebic growth of project costs
When projects fall off-track, costs can quickly add up--often far exceeding estimates. Such escalation is especially surprising when project managers know the source and understand the reasons…
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Project Management Journal
Modeling the cost of political risk in international construction projects
This paper describes a neural network model that can provide assistance in predicting the additional increase in project cost, due to political risk source variables affecting a construction project…
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Project Management Journal
Project cost risk analysis using influence diagrams
This paper summarizes new techniques developed in ongoing research of cost risk analysis for the U.S. Department of Energy (DOE) environmental remediation projects. This class of projects has been…
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Project Management Journal
Influence diagramming for analysis of project risks
The process of identifying and analyzing project risk plays a key role in negotiating contract terms, organizing project teams, and controlling project progress for the purpose of minimizing cost…
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