Cost and schedule overruns in large hydropower dams: an assessment of projects completed since 2000
Judith Plummer Braeckman,
Tim Disselhoff and
Julian Kirchherr
International Journal of Water Resources Development, 2020, vol. 36, issue 5, 839-854
Abstract:
This paper presents novel data on cost and schedule overruns in recent dam projects started and completed since 2000 and compares them with pre-existing data sets on projects started before 2000. Combining these data, a meta-data set was created of 184 cost overrun and 191 time overrun data points. For post-2000 projects, the average cost overrun was 33% and schedule overrun was 18% as compared with 46% and 37% respectively for pre-2000 projects. While a decrease in the averages was observed, the change in cost overruns is not statistically significant, whereas the change in time overruns is significant.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:taf:cijwxx:v:36:y:2020:i:5:p:839-854
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DOI: 10.1080/07900627.2019.1568232
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