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Article Risk Management, Cost Management, Government 1 April 2019
Project Management Journal
Public-Private Partnerships
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,…
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Article Cost Management, Risk Management 1 February 2019
Project Management Journal
Improving Project Budget Estimation Accuracy and Precision by Analyzing Reserves for Both Identified and Unidentified Risks
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.…
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Article Risk Management, Cost Management 1 June 2005
Project Management Journal
The amoebic growth of project costs
By Eden, Colin | Ackermann, Fran | Williams, Terry 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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Article Risk Management, Cost Management, Estimating September 2000
Project Management Journal
Modeling the cost of political risk in international construction projects
By Al-Tabtabai, Hashem M. | Alex, Alex P. 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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Article Scheduling, Risk Management, Cost Management December 1996
Project Management Journal
Project cost risk analysis using influence diagrams
By Diekmann, James E. | Featherman, W. David | Moody, Rhett | Molenaar, Keith | Rodriguez-Guy, Maria 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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Article Risk Management, Cost Management, Scope Management March 1984
Project Management Journal
Influence diagramming for analysis of project risks
By Ashley, David B. | Avots, Ivars 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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