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  • Planning for the planning fallacy member content open

    By Grushka-Cockayne, Yael | Read, Daniel | De Reyck, Bert Projects play an increasingly important role in the business world today, and how an organization manages its projects remains critical to its success. Yet, the media routinely report stories of…

  • Simulation as a teaching tool for quantitative risk analysis in project time management member content open

    By Hoffman, David B. | Piccard, LuAnn A Guide to the Project Management Body of Knowledge (PMBOK® Guide) outlines quantitative tools and their role in evaluating project completion times. These tools include simulation because it is a…

  • PMI Research and Education Conference

    The accuracy of hybrid estimating approaches? Case study of an Australian state road & traffic authority member content open

    By Liu, Li | Wehbe, George | Sisovic, Jonathan This study presents the results of estimation accuracy of a sample of road projects conducted by an Australian State Road & Traffic Authority

  • Governance frameworks for public project development and estimation member content open

    By Klakegg, Ole Jonny | Williams, Terry | Magnussen, Ole Morten | Glasspool, Helene By using implementation frameworks, project managers can effectively manage and control the progress of their projects and the performance of their teams. This paper examines a study looking at how…

  • The predictive validity and performance drivers of risk-based estimating member content open

    By Napier, Zigrid | Liu, Li Research has identified two reasons why project estimates are often inaccurate: optimism bias and strategic misrepresentation. This paper examines the cost performance of 11 Australian water…

  • Playing the game member content open

    By Condon, Edmond | Hartman, Francis T. A recent study by Aalborg University in Denmark of 258 major international transport infrastructure projects between 1927 and 1998 found that they had overrun their original estimates by an average…