Comparing cost uplift in infrastructure delivery methods : a case based approach
Wood, Peter (2010) Comparing cost uplift in infrastructure delivery methods : a case based approach. In Proceedings of 24th Annual Australian and New Zealand Academy of Management Conference : Managing for Unknowable Futures, ANZAM, Adelaide Convention Centre, Adelaide, SA.
The alliance project delivery method is used for approximately one third of all Australian government infrastructure projects representing $8-$10 billion per annum. Despite its widespread use, little is known about the differences between estimated project cost and actual cost over the project lifecycle. This paper presents the findings of research into 14 Australian government alliance case studies investigating the observed cost uplift over each project’s lifecycle. I find that significant cost uplift is likely and that this uplift is greater than that afflicting traditional delivery methods. Furthermore, most of the cost uplift occurs at a different place in the project lifecycle, namely between Business Case and Contractual Commitment.
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|Item Type:||Conference Paper|
|Keywords:||Infrastructure, Cost Uplift|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > ACCOUNTING AUDITING AND ACCOUNTABILITY (150100) > Accounting Auditing and Accountability not elsewhere classified (150199)|
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School|
Current > Research Centres > Centre for Philanthropy and Nonprofit Studies
|Copyright Owner:||Copyright 2010 ANZAM|
|Deposited On:||16 Feb 2011 08:49|
|Last Modified:||16 Feb 2011 16:41|
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