Magnitude of Construction Cost and Schedule Overruns in Public Work Projects-Reference-Cited by-同舟云学术

Magnitude of Construction Cost and Schedule Overruns in Public Work Projects

Published:2013-12-18 Issue: Volume:2013 Page:1-9
ISSN:2314-5986
Container-title:Journal of Construction Engineering
language:en
Short-container-title:Journal of Construction Engineering

Author:

Shrestha Pramen P.¹,Burns Leslie A.²,Shields David R.¹

Affiliation:

1. Department of Civil & Environmental Engineering & Construction, Howard R. Hughes College of Engineering, University of Nevada, Las Vegas, NV 89154, USA

2. Clark County Public Works Department, Las Vegas, NV 89154, USA

Abstract

This study analyzed 363 Clark County Department of Public Works (CCDPW) projects to determine construction cost and schedule overruns in various types and sizes of the projects. The sample projects were constructed from 1991 to 2008, with a total construction cost of $1.85 billion, equivalent to 2012 cost. A one-factor ANOVA test was conducted to determine whether construction cost and schedule overruns significantly varied based on types and sizes of the projects. The study showed that large, long-duration projects had significantly higher cost and schedule overruns than smaller, short-duration projects.

Funder

Clark County Public Work Department

Publisher

Hindawi Limited

Subject

Computer Networks and Communications,Hardware and Architecture,Software

Link

http://downloads.hindawi.com/archive/2013/935978.pdf

Reference10 articles.

1. Predictors of Cost‐Overrun Rates

2. Cost overruns in road construction—what are their sizes and determinants?

3. Using Risk Management Techniques to Control Contract Costs