Understanding the landscape of overruns in transport infrastructure projects

Article

Love, Peter E. D., Smith, Jim, Simpson, Ian, Regan, Michael and Olatunji, Oluwole. 2015. "Understanding the landscape of overruns in transport infrastructure projects." Environment and Planning B: Planning and Design. 42 (3), pp. 490-509. https://doi.org/10.1068/b130102p
Article Title

Understanding the landscape of overruns in transport infrastructure projects

ERA Journal ID20859
Article CategoryArticle
AuthorsLove, Peter E. D. (Author), Smith, Jim (Author), Simpson, Ian (Author), Regan, Michael (Author) and Olatunji, Oluwole (Author)
Journal TitleEnvironment and Planning B: Planning and Design
Journal Citation42 (3), pp. 490-509
Number of Pages20
Year2015
Place of PublicationUnited Kingdom
ISSN0265-8135
1472-3417
Digital Object Identifier (DOI)https://doi.org/10.1068/b130102p
Web Address (URL)https://journals.sagepub.com/doi/abs/10.1068/b130102p
Abstract

Cost and schedule overruns are endemic features of transport infrastructure projects. Despite the considerable amount of research within the field of transport and planning in the past thirty years, limited progress has been made to improving the performance of projects. We contend that this will continue to be an issue as long as research efforts focus on the ‘outside view’ with emphasis being placed upon strategic misrepresentation and optimism bias. Understanding ‘why’ and ‘how’ projects overrun, particularly from both ‘outside’ and ‘inside’ perspectives, is pivotal to reducing their impact and occurrence. Thus, in conjunction with the transport and planning literature, references to cost-overrun studies undertaken within the field of construction and engineering are examined. Our objective is to provide policy makers, industry, voluntary organizations, and the public at large with an ameliorated understanding about time-overrun and costoverrun phenomena. Suggestions to mitigate overruns based upon recent process and technological innovations are identified and discussed.

KeywordsCost; Overruns; Schedule; Transport infrastructure projects
ANZSRC Field of Research 2020330299. Building not elsewhere classified
330207. Quantity surveying
330203. Building industry studies
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Byline AffiliationsCurtin University
Bond University
CSi Global Services, Australia
Institution of OriginUniversity of Southern Queensland
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