Toward a Systemic View to Cost Overrun Causation in Infrastructure Projects: A Review and Implications for Research
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Infrastructure cost overruns receive significant amount of attention in the academic literature as well as the popular press. The methodological weaknesses in the dominant approaches adopted to explain cost overrun causation on infrastructure projects are explored in this paper. A considerable amount of cost overrun research is superficial, replicative and thus stagnated the development of a robust theory to mitigate and contain the problem. Future research should move from single-cause identification and the traditional net-effect correlational analysis to a search for causal recipes through systems thinking and retrospective sensemaking to address the high-level interactions between multiple factors.
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Aje, O.; Olatunji, Oluwole; Olalusi, O. (2017)© 2017, © Emerald Publishing Limited.Purpose: Evidence suggests project owners could use advance payments to prevent cost escalations. The purpose of this paper is to elicit the relationships between causations of overruns ...
Aje, O.; Olatunji, Oluwole; Olalusi, O. (2016)Evidence suggests project owners could use advance payments to prevent cost escalations. This study it aims to elicit the relationships between causations of overruns when advance payments are issued to contractors. 97 ...
Love, Peter; Wang, Xiangyu; Sing, Michael; Tiong, Robert (2013)The statistical characteristics of cost overruns experienced from contract award in 276 Australian construction and engineering projects were analyzed. The skewness and kurtosis values of the cost overruns are computed ...