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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 October 2018
PM Network
Runaway Rail
By Bishel, Ashley The budget for a troubled rail project in Honolulu, Hawaii, USA has gone off the rails. The estimated budget hit US$8.3 billion in July, a more than 55 percent jump over the initial US$5.3 billion…
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Article Risk Management, Talent Management, Cost Management 1 May 2018
PM Network
Charitable Risks
By Stasik, Trevor A project is a project no matter where you work. But project management in the nonprofit world can bring unique obstacles. Some of these challenges are common among all nonprofits, while others are…
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Article Risk Management, Scheduling, Cost Management, Construction 1 February 2017
PM Network
On the Horizon
A mega-mosque construction project is underway in Algiers, Algeria—but its completion date isn't quite clear. At one point scheduled to open this year, the mosque will become the third largest in…
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Article Risk Management, Cost Management October 2013
PM Network
Walk the tightrope
By Bertsche, Rachel Today's volatile economic climate has prompted a conservative financial mind-set for project managers in many sectors. The always-important task of controlling the budget has become a primary focus…
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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, Scheduling, Cost Management March 2003
PM Network
Taming uncertainty
By Sood, Shailesh To improve project efficiency and predictability, project managers have turned to a new tool, critical-chain buffer management (CCBM) to explain why projects are behind schedule or over budget. This…
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Article Requirements Management, Risk Management, Scheduling, Cost Management November 2001
PM Network
Government projects
By Seigle, Greg Like many types of projects, governement projects are subject to shifting priorities, requirements, andschedules, red tape and politics, budgetary fluctuations, and a multitude of other risks. This…
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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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