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Project Cost Overrun: Causes, Consequences and Investment Decisions
Mälardalen University, School of Business, Society and Engineering, Industrial Economics and Organisation.ORCID iD: 0000-0002-7635-066X
2017 (English)Book (Refereed)
Abstract [en]

Cost overrun is common in public and private sector projects. Costs tend to grow, plans fail and financial problems follow, but how can we approve the right projects if we cannot estimate their true cost? This book, for academics in project management, management accounting and corporate finance, as well as for managers in the public and private sectors, offers a new way of thinking about the causes and consequences of cost overrun for firms and society. It demonstrates that there is a logic behind cost growth and overrun, identifies projects and situations that are more vulnerable, and examines the effects of increased costs. It further identifies the negative and positive consequences of cost overrun, analyses how and why preconditions for cost overrun differ when the logic governing private firms dominates versus the logic of the political sector, and explains why cost can sometimes be of lesser importance to decision makers.

Place, publisher, year, edition, pages
Cambridge: Cambridge University Press, 2017, 1. , p. 262
Keywords [en]
Project Management, Strategic Management, Management Accounting, Corporate Government, Capital Budeting, Corporate Finance
National Category
Business Administration
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-37416DOI: 10.1017/9781316779675Scopus ID: 2-s2.0-85047710302ISBN: 978-1-107-17304-0 (print)ISBN: 9781316779675 (electronic)OAI: oai:DiVA.org:mdh-37416DiVA, id: diva2:1163660
Funder
Ragnar Söderbergs stiftelseAvailable from: 2017-12-07 Created: 2017-12-07 Last updated: 2018-06-07Bibliographically approved

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Segelod, Esbjörn

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CiteExportLink to record
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Cite
Citation style
  • apa
  • ieee
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  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf