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Cost Overruns on Early Canal & Railway Projects is our latest paper looking at the evolution of cost engineering, published in the May edition of PM World Journal: https://pmworldjournal.com/#in-this-issue
Cost Overruns on Early Canal & Railway Projects looks at some of the canal and railway projects built at the start of the industrial revolution. The evidence suggests that in addition to the lack of empirical cost information, the problem with many of the cost estimates may have been caused, or exacerbated, by various combinations of poor governance, questionable ethics, and optimism bias.
Download Cost Overruns on Early Canal & Railway Projects from: https://mosaicprojects.com.au/PMKI-ZSY-020.php#Process1
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Early Canal Projects https://mosaicprojects.com.au/PDF_Papers/P207_The_first_canal_projects.pdf looks at some of the earliest canal and navigation projects constructed in the United Kingdom and where possible the contractual and management processes used in their construction are identified. The paper is intended to augment the information contained in:
Most of the projects covered in this paper pre-date the start of the canal boom and the industrial revolution by several centuries.
Download the full paper and see more on the history of construction management: https://mosaicprojects.com.au/PMKI-ZSY-005.php#Process2
Email: PPadmin@planningplanet.com
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