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

QR Code

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

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 econo...

Full description

Bibliographic Details
Main Authors:	Love, Peter, Edwards, D., irani, Z.
Format:	Journal Article
Published:	IEEE Engineering Management Society (EMS) 2012
Online Access:	http://hdl.handle.net/20.500.11937/10679

Similar Items

'Plugging the gaps' between optimum bias and strategic misrepresentation and infrastructure cost overruns
by: Love, Peter
Published: (2011)

Overruns in Transportation Infrastructure Projects
by: Love, Peter, et al.
Published: (2014)

Cost overruns in transportation infrastructure projects: Sowing the seeds for a probabilistic theory of causation
by: Love, Peter, et al.
Published: (2016)

Determining the probability of project cost overruns
by: Love, Peter, et al.
Published: (2013)

Off the rails: The cost performance of infrastructure rail projects
by: Love, Peter, et al.
Published: (2017)

Toward a Systemic View to Cost Overrun Causation in Infrastructure Projects: A Review and Implications for Research
by: Ahiaga-Dagbui, D., et al.
Published: (2016)

Overruns in Transport Infrastructure Projects: A View from the Inside Out
by: Love, Peter, et al.
Published: (2014)

Rework in Civil Infrastructure Projects: Determination of Cost Predictors
by: Love, Peter, et al.
Published: (2010)

Cost performance of public infrastructure projects: the nemesis and nirvana of change-orders
by: Love, Peter, et al.
Published: (2017)

Probability distribution fitting of schedule overruns in construction projects
by: Love, Peter, et al.
Published: (2013)

Estimating construction contingency: Accommodating the potential for cost overruns in road construction projects
by: Love, Peter, et al.
Published: (2015)

Probability Distribution Fitting of Cost Overrun Profiles
by: Love, Peter, et al.
Published: (2012)

An exploration of cost overrun in building construction projects
by: Tan, Chin Keng, et al.
Published: (2018)

Cost Overruns in Hydrocarbon Megaprojects: A Critical Review and Implications for Research
by: Olaniran, Olugbenda Jide, et al.
Published: (2015)

Chaos Theory: Implications for Cost Overrun Research in Hydrocarbon Megaprojects
by: Olaniran, O., et al.
Published: (2017)

Cost profiling of water infrastructure projects
by: Love, Peter, et al.
Published: (2018)

Statistical characteristics of cost contingency in water infrastructure projects
by: Baccarini, David, et al.
Published: (2014)

A review on causes of cost overrun in the construction projects
by: Albtoush, Faten Ahmad, et al.
Published: (2019)

A review on causes of cost overrun in the construction projects
by: A. M., Faten Albtoush, et al.
Published: (2019)

Cost overrun of construction project in Pahang : causes and solution
by: Nurafiqah, Abu Hasan
Published: (2017)

Factors affecting cost overrun at construction projects in Somalia
by: Osman, Yusuf Hussein
Published: (2019)

Hundreds of Years of Pain, with Minimal Gain: Capital Project Cost Overruns, the Past, Present and Optimistic Future
by: Love, Peter, et al.
Published: (2022)

Causes of project delay and cost overrun of mega projects in peninsular Malaysia
by: Nur Aliya Najiha, Tamrin
Published: (2019)

Spotlight on construction cost overrun research: Superficial, replicative and stagnated
by: Ahiaga-Dagbui, D., et al.
Published: (2015)

The praxis of stupidity: an explanation to understand the barriers mitigating rework in construction
by: Love, Peter, et al.
Published: (2018)

Impact of the cost overrun factors on the project delays in construction industry
by: Noor Elinah, Sailin
Published: (2018)

Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria
by: Ameh, Oko John, et al.
Published: (2010)

Study on mitigation factors for controlling cost overrun in construction project
by: Abdullah, Fatehi Mansoor Saad
Published: (2018)

Avoiding anchoring bias by moving beyond ‘mechanical falls’ in geriatric emergency medicine
by: Nagaraj, G., et al.
Published: (2018)

Moving beyond CAD to an object-oriented approach for electrical control and instrumentation systems
by: Love, Peter, et al.
Published: (2016)

Beyond the Red Queen syndrome: CRM technology and building material suppliers
by: Love, Peter, et al.
Published: (2009)

Studying the Reasons for Delay and Cost Overrun in Construction Projects: The Case of Iran
by: Samarghandi, Hamed, et al.
Published: (2016)

Mitigation measures for significant factors instigating cost overrun in highway projects
by: Sohu, Samiullah, et al.
Published: (2018)

Causative factors of cost overrun in highway projects of Sindh province of Pakistan
by: Sohu, S, et al.
Published: (2017)

Psychology Biases Explanation On Malaysian Day Of The Week Anomaly
by: Brahmana, Rayenda Khresna
Published: (2013)

Liability for Negligent Misrepresentation in the Finance Industry
by: Sadler, Pauline
Published: (2009)

A Probabilistic Method for Forensic Cost Estimating of Infrastructure Projects
by: Signor, R., et al.
Published: (2016)

Risk and Uncertainty in the Cost Contingency of Transport Projects: Accommodating Bias or Heuristics, or Both?
by: Love, Peter, et al.
Published: (2021)

Dynamic Modeling of Workforce Planning for Infrastructure Projects
by: Sing, M., et al.
Published: (2016)

Toward Error Management in Construction: Moving beyond a Zero Vision
by: Love, Peter, et al.
Published: (2016)