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Reference Class Forecasting In Icelandic Transport Infrastructure Projects

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  • Thordur Vikingur FRIDGEIRSSON

    (Reykjavik University Menntavegur 1, 101 Reykjavik, Iceland)

Abstract

Summary. Previous studies have indicated that the majority of infrastructure projects have cost overruns. The root causes are traced to political,...

Suggested Citation

  • Thordur Vikingur FRIDGEIRSSON, 2016. "Reference Class Forecasting In Icelandic Transport Infrastructure Projects," Transport Problems, Silesian University of Technology, Faculty of Transport, vol. 11(2), pages 103-115, June.
    • Handle: RePEc:exl:1trans:v:11:y:2016:i:2:p:103-115
    DOI: 10.20858/tp.2016.11.2.10
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    References listed on IDEAS

    as
    1. Bent Flyvbjerg, 2013. "Quality Control and Due Diligence in Project Management: Getting Decisions Right by Taking the Outside View," Papers 1302.2544, arXiv.org.
    2. Will Jennings, 2012. "Why costs overrun: risk, optimism and uncertainty in budgeting for the London 2012 Olympic Games," Construction Management and Economics, Taylor & Francis Journals, vol. 30(6), pages 455-462, February.
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    Cited by:

    1. Lordan-Perret, Rebecca & Bärenbold, Rebekka & Weigt, Hannes & Rosner, Robert, 2023. "An ex-ante method to verify commercial U.S. nuclear power plant decommissioning cost estimates," Energy Economics, Elsevier, vol. 127(PB).
    2. Chapman, Paul & Quang, Cuong, 2021. "Major Project Risk Management: Reconciling Complexity during Delivery with the Inside View in Planning," SocArXiv j9sw8, Center for Open Science.
    3. Lordan-Perret, Rebecca & Bärenbold, Rebekka & Weigt, Hannes & Rosner, Robert, 2022. "An Ex-Ante Method to Verify Commercial U.S. Nuclear Power Plant Decommissioning Cost Estimates," Working papers 2022/08, Faculty of Business and Economics - University of Basel.

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