Management of project contingency and allowance

Cost Engineering (Morgantown, West Virginia)

Volumn 47, Issue 9, 2005, Pages 24-29

  Karlsen, Jan Terje ^a   Lereim, Jon ^a  

^a BI NORWEGIAN BUSINESS SCHOOL   (Norway)

Author keywords

Contingency; Cost overruns; Estimating; Risk management

Indexed keywords

COSTS; FINANCE; INDUSTRIAL MANAGEMENT; RISK MANAGEMENT;

CONTINGENCY; COST OVERRUNS; ESTIMATING; FUNDING;

PROJECT MANAGEMENT;

EID: 25144439543     PISSN: 02749696     EISSN: None     Source Type: Trade Journal    
DOI: None     Document Type: Review

References (6)

1. Chen, Dong and Francis T. Hartman. A Neural Network Approach to Risk Assessment and Contingency Allocation. AACE International Transactions, (2000): 07.01-07.06.
2. Dillon, Robin L., John Richard and Detlof von Winterfeldt. Assessment of Cost Uncertainties for Large Technology Projects: A Methodology and an Application. Interfaces, 32, 4 (2002): 52-66.
3. Moselhi, Osama. Risk Assessment and Contingency Estimating. AACE International Transactions, (1997): A.06.1-A.06.6.
4. Picken, David H. and Stephen Mak. Risk Analysis in Cost Planning and its Effect on Efficiency in Capital Cost Budgeting. Logistics Information Management, 14, 5/6 (2001): 318-327.
5. Thompson, A. and J.G. Perry. Engineering Construction Risks: a Guide to Project Risk Analysis and Assessment: Implications for Project Clients and Project Managers. London: Thomas Telford, 1992.
6. Yeo, K.T. Risks, Classification of Estimates, and Contingency Management. Journal of Management in Engineering, 6, 4 (1990): 458-470.