Social and Behavioral Sciences Commons^™

Understanding The Landscape Of Overruns In Transport Infrastructure Projects, Peter Love, Jim Smith, Ian Simpson, Michael Regan, Oluwole Olatunji

Michael Regan

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, …