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Trends of Research on Cost Overruns in Public Projects: A Review Based on Content Analysis

In: Proceedings of the 24th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Haiyan Liu

    (Chongqing University)

  • Rong Zhang

    (Chongqing University)

  • Yawen Cao

    (Chongqing University)

Abstract

Cost overruns in public projects is a common phenomenon that have been concerned by project stakeholders. In order to understand the current research and identify research gap on cost overruns in public project, content analysis method is applied to conduct a literature review with the help of Web of Science and Scopus. Based on detailed analysis of 36 targeted papers, current research are classified into five categories. One of the most popular research is identifying the reasons for public project cost overruns. It is suggested that future research should focus more on (1) the intrinsic correlation between factors influencing cost overruns and (2) the more comprehensive and practical solutions to reduce cost overruns.

Suggested Citation

  • Haiyan Liu & Rong Zhang & Yawen Cao, 2021. "Trends of Research on Cost Overruns in Public Projects: A Review Based on Content Analysis," Springer Books, in: Gui Ye & Hongping Yuan & Jian Zuo (ed.), Proceedings of the 24th International Symposium on Advancement of Construction Management and Real Estate, pages 1063-1073, Springer.
    • Handle: RePEc:spr:sprchp:978-981-15-8892-1_75
    DOI: 10.1007/978-981-15-8892-1_75
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