Homo Heuristicus: From Risk Management to Managing Uncertainty in Large-Scale Infrastructure Projects
Large-scale infrastructure projects tend to experience variances between estimated and final costs. Governments, in response, have been using statistical methods (including probabilistic approaches) such as reference class forecasting to try and mitigate cost overruns. While helpful in accommodating...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
2022
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| Online Access: | http://hdl.handle.net/20.500.11937/90147 |