Large infrastructure projects often suffer from cost and schedule overruns, mainly due to
optimism bias and strategic misrepresentation. Reference class forecasting (RCF) offers a …

Many project managers underestimate that todays projects are subject to various risks,
which might lead to enormous cost overruns and project delays. In the domain of project …

There are billions of dollars at stake in the US nuclear power plant decommissioning market.
Approximately 92 nuclear power plants are still operating but will come offline and need to …

Recent research on the origins of risk during the planning and delivery of major projects
broadly addresses two root causes:(i) complexity at the planning phase and also during …

This chapter summarises the results of three studies using the reference class forecasting
technique on empirical project data. Each project control method from the previous chapters …