Purpose Cost overrun in infrastructure projects is a constant concern, with a need for a
proper solution. The current estimation practice needs improvement to reduce cost overruns …

This paper investigates the potential effects of the use of reference class forecasting on the
World Bank's financing decisions, and quantifies the net economic impact of such decisions …

This paper investigates the predictive power of project cost data in earned value
management (EVM) as an early indicator of the cost overrun probability in risk management …

Recent research on the origins of risk during the planning and delivery of major projects
broadly addresses two root causes:(i) complexity at the planning phase and also during …

Reliable and accurate cost estimates are essential to construction projects. They are even
more critical in infrastructure projects as they require more time, cost, and public constraints …

This report describes the results of a detailed, comprehensive, systematic literature survey
on the front end of a project, commissioned by the Project Management Institute (PMI). It is …

Proje öncesi safhalarda henüz çok az proje değişkeni biliniyorken inşaat projelerinin
sözleşme sürelerini ve nakit akışlarını tahmin etmek oldukça önemli ve bir o kadar da zor bir …

In Kuwait, there are substantial development plans for the construction industry; however,
this is not without obstacles, as it suffers from problems and faces many challenges that …

Public sector procurement laws require that building price forecast be established in-house
at construction project initiation. Thus, building price forecasting is of significant importance …

Cost forecasting is a challenge through the life cycle of construction projects and gains
research attention in the areas of project controls and data-driven probabilistic forecasting …