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  • Article Cost Management, Estimating March 2003

    Project Management Journal

    Cost estimation overruns in the North Sea member content locked

    By Emhjellen, Magne | Emhjellen, Kjetil | Osmundsen, Petter Recently, a Norwegian government report on the cost overruns North Sea projects was presented (NOU 1999:11). It concluded that there was a 25% increase in development costs from project sanction…

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