The Project Management Process of Planning and Budgeting in Public Construction Projects
Jesper Kranker Larsen,
Lene Faber Ussing,
Thomas Ditlev Brunoe and
Søren Munch Lindhard
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Jesper Kranker Larsen: Department of Mechanical and Manufacturing Engineering, Aalborg University, Aalborg, Denmark
Lene Faber Ussing: Department of Civil Engineering, Aalborg University, Aalborg, Denmark
Thomas Ditlev Brunoe: Department of Mechanical and Manufacturing Engineering, Aalborg University, Aalborg, Denmark
Søren Munch Lindhard: Department of Mechanical and Manufacturing Engineering, Aalborg University, Aalborg, Denmark
International Journal of Information Technology Project Management (IJITPM), 2015, vol. 6, issue 4, 20-33
Abstract:
Budgeting and scheduling are central elements in all projects through diverse estimates that are defining the level of project outcome success. It is therefore relevant to study how large public construction agencies apply cost and time scheduling in their projects. The study objective is firstly, to comprehend the process of cost and time scheduling in the initial phases of a project. Secondly, to discover which factors stimulate budget and deadline increases in publicly funded construction projects. Applied data collection is based on semi-structured interviews with publicly agency employed project and property managers. Findings demonstrate that too early decision making disrupt the deadline and total cost in the client briefing stage. Due to lack of clear defined project scope and user requirements are too optimistic. The subsequent project stages are thus pushed by an earlier decided deadline and budget, where following complications within the project organizations were found to stimulate budget and scheduling increases.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jitpm0:v:6:y:2015:i:4:p:20-33
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