Addressing Five Key Questions to Avoid Project Cost Overruns

September 27th, 2018

Professor Bent Flyvbjerg is a renowned expert in the field of project predictability and project cost overruns. He recently co-authored an article entitled “Five key questions about cost overrun.” According to the article, good practice entails: (a) Consistent definition and measurement of cost overruns; in contrast to mixing inconsistent baselines, price levels, etc. (b) Data collection that includes […]