 Schedule delays of major projects: what should we do about it?Jung Eun Park Transport Reviews, 2021, vol. 41, issue 6, 814-832 Abstract: Cost overruns and schedule delays are one of the most common reasons for project failure. Although schedule delays not only result in significant financial implications to project sponsors but also lead to substantial social costs to the public, scant attention has been dedicated to schedule delays [Padalkar, M., & Gopinath, S. (2016). Six decades of project management research: Thematic trends and future opportunities. International Journal of Project Management, 34(7), 1305–1321]. This study therefore investigates the frequency, magnitude, and characteristics of schedule delays occurring during the construction of 113 large public procurements built in the U.S. and the U.K. between 1999 and 2018. Through tests of hypotheses, this study finds that there is a gap between presumptions and reality. Although extensive efforts were made to project controls in the U.S. and the U.K. over the last two decades, this study also finds that project performance has not improved at all from a schedule perspective. In order to address the issue, this study then suggests reference class forecasting to develop more realistic and reliable schedule estimates. Date: 2021 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:transr:v:41:y:2021:i:6:p:814-832 Ordering information: This journal article can be ordered from DOI: 10.1080/01441647.2021.1915897 Access Statistics for this article Transport Reviews is currently edited by Professor David Banister and Moshe Givoni More articles in Transport Reviews from Taylor & Francis Journals |
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