Naslov
Cost Overruns in Large Infrastructure Projects – An Overview of International and Croatian Experiences

Autori
Legac, Goran ; Radujković, Mladen ; Šimac, Marko

Izvornik
Pm World Journal (2330-4480) 3 (2014), 2; N/a-n/a

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
large infrastructure project; cost overrun; time delay; optimism bias

Sažetak
Large infrastructure projects, privately or public funded, have always been under public review in order to determine the cause of the costs overruns or failure to achieve the intended projects benefits. Once when the project implementation is finished, it is often revealed that the costs of the project exceeded the planned budget. However, with all these large traffic infrastructure projects complications arise involving the aforementioned anticipated costs exceeding the initial predictions and shortfalls in project benefits. The latest researches, except for usual technical risk analysis, go in the direction of the nature of the behavioral defects in project planning. This paper gives an overview of recent international experiences and researches in this field compare to latest Croatian experience with an implementation of the national traffic strategy.

Izvorni jezik
Engleski

Znanstvena područja
Građevinarstvo

POVEZANOST RADA