• DocumentCode
    1337306
  • Title

    Moving Beyond Optimism Bias and Strategic Misrepresentation: An Explanation for Social Infrastructure Project Cost Overruns

  • Author

    Love, Peter E D ; Edwards, David J. ; Irani, Zahir

  • Author_Institution
    Sch. of Built Environ., Curtin Univ., Perth, WA, Australia
  • Volume
    59
  • Issue
    4
  • fYear
    2012
  • Firstpage
    560
  • Lastpage
    571
  • Abstract
    Infrastructure projects regularly experience cost and schedule overruns. Research led by Flyvbjerg has suggested that misrepresentation and optimism bias are primary causes for overruns. While Flyvbjerg´s research has made a significant contribution to ameliorating understanding as to why economic infrastructure projects experience overruns, it does not adequately explain why this is the case for such social infrastructure. In addressing this shortcoming, case studies are used to determine the intermediary events and actions that contributed to project cost overruns. The pathogens, events, and actions that contributed to overruns are identified and analyzed. The analysis of the cases´ findings led to the propagation of a nomological framework for social infrastructure project overruns. Acknowledgment of the systemic pathogenic influences has enabled the establishment of an orthodoxy, which provides an impetus for addressing the issues needed to improve the performance of social infrastructure projects.
  • Keywords
    costing; project management; public administration; scheduling; strategic planning; structural engineering; economic infrastructure projects; infrastructure project schedule overruns; nomological framework; optimism bias; social infrastructure project cost overruns; social infrastructure project performance; strategic misrepresentation; systemic pathogenic influences; Contracts; Economics; Governmental factors; Interviews; Pathogens; Procurement; Public finance; Design errors; overruns; pathogens; social infrastructure;
  • fLanguage
    English
  • Journal_Title
    Engineering Management, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9391
  • Type

    jour

  • DOI
    10.1109/TEM.2011.2163628
  • Filename
    6032087