Library
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Project Management Quarterly
Project reserves
Project cost estimators have traditionally included in their calculations contingency amounts to cover the unexpected expenses resulting from uncertain risks. But such an approach does not always…
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Project Management Quarterly
Escalation
One concern that is garnering increasing attention within the project management field is escalation--the impact of inflation on a project's final costs. Escalation is often blamed as the root cause…
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Project Management Quarterly
Project management in costly environments
To make the cost-conscious decisions, project managers must understand that every project delay and mistake involves a real cost consequence and that many unnecessary costs often result from…
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Project Management Quarterly
Uncertainty analysis for program management
Over the past decade, the cost of implementing a program to develop a new military weapons systems has sharply increased, primarily because the numerous methods used by the United States Department…
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Project Management Quarterly
Cost growth
All too often, research and development (R&D) projects exceed budget, causing significant and detrimental repercussions affecting the future funding of similar efforts, particularly for those…
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