
Re-Evaluating Megaproject Cost Overruns: Putting Changes Into Perspective
Headlines in the popular and trade press regularly draw attention to supposed extreme and regular time and cost overruns associated with megaprojects.
Headlines in the popular and trade press regularly draw attention to supposed extreme and regular time and cost overruns associated with megaprojects.
Ground conditions constitute a key risk factor that can ultimately determine the successful performance of construction contracts, with the literature reporting statistics of projects which have significantly exceeded their initial budget due to geotechnical uncertainties.