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Are Cost Overruns Merely a Bad Thing?

Kaal, V.W.J (2015) Are Cost Overruns Merely a Bad Thing? Master thesis.

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Abstract

Cost overruns are present in almost every context and almost always regarded to be a problem. A lot of research has been done on the subject, quantitative well as qualitative research. Mostly with the purpose of finding a ‘solution’ or ‘cure’ for cost overruns. This research reviews the explanations for cost overruns in contemporary literature and concludes that explanations show an overall negative bias. Furthermore, it demonstrates the possibility of a more positively charged explanation founded in literature and shows that these explanations might apply to changes regarding scope and laws and regulations. Two cases, ‘A10 Tweede Coentunnel/A5 Westrandweg N200 Halfweg’ and ‘N50 Ramspol – Ens’, showed promising results that could be interpreted as a more positive explanation for cost overruns. The conclusion of this research is that such an explanation is plausible in the context of large road infrastructure projects in the Netherlands.

Item Type: Thesis (Master)
Degree programme: Environmental & Infrastructure Planning
Supervisor: Leendertse, W.L. and Busscher, T
Date Deposited: 23 Apr 2020 05:19
Last Modified: 23 Apr 2020 05:19
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/722

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