Homo Heuristicus: From Risk Management to Managing Uncertainty in Large-Scale Infrastructure Projects

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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...

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Bibliographic Details
Main Authors:	Love, Peter, Ika, L.A., Pinto, J.K.
Format:	Journal Article
Published:	2022
Online Access:	http://hdl.handle.net/20.500.11937/90147

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