Trends of Research on Cost Overruns in Public Projects: A Review Based on Content Analysis

Haiyan Liu (), Rong Zhang () and Yawen Cao ()
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Haiyan Liu: Chongqing University
Rong Zhang: Chongqing University
Yawen Cao: Chongqing University

A chapter in Proceedings of the 24th International Symposium on Advancement of Construction Management and Real Estate, 2021, pp 1063-1073 from Springer

Abstract: Abstract Cost overruns in public projects is a common phenomenon that have been concerned by project stakeholders. In order to understand the current research and identify research gap on cost overruns in public project, content analysis method is applied to conduct a literature review with the help of Web of Science and Scopus. Based on detailed analysis of 36 targeted papers, current research are classified into five categories. One of the most popular research is identifying the reasons for public project cost overruns. It is suggested that future research should focus more on (1) the intrinsic correlation between factors influencing cost overruns and (2) the more comprehensive and practical solutions to reduce cost overruns.

Keywords: Public projects; Cost overruns; Literature review; Content analysis (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-8892-1_75

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DOI: 10.1007/978-981-15-8892-1_75

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