Cost and schedule overruns in large hydropower dams: an assessment of projects completed since 2000
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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in: International Journal of Water Resources Development, Jahrgang 36, Nr. 5, 02.09.2020, S. 839-854.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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TY - JOUR
T1 - Cost and schedule overruns in large hydropower dams
T2 - an assessment of projects completed since 2000
AU - Plummer Braeckman, Judith
AU - Disselhoff, Tim
AU - Kirchherr, Julian
PY - 2020/9/2
Y1 - 2020/9/2
N2 - This paper presents novel data on cost and schedule overruns in recent dam projects started and completed since 2000 and compares them with pre-existing data sets on projects started before 2000. Combining these data, a meta-data set was created of 184 cost overrun and 191 time overrun data points. For post-2000 projects, the average cost overrun was 33% and schedule overrun was 18% as compared with 46% and 37% respectively for pre-2000 projects. While a decrease in the averages was observed, the change in cost overruns is not statistically significant, whereas the change in time overruns is significant.
AB - This paper presents novel data on cost and schedule overruns in recent dam projects started and completed since 2000 and compares them with pre-existing data sets on projects started before 2000. Combining these data, a meta-data set was created of 184 cost overrun and 191 time overrun data points. For post-2000 projects, the average cost overrun was 33% and schedule overrun was 18% as compared with 46% and 37% respectively for pre-2000 projects. While a decrease in the averages was observed, the change in cost overruns is not statistically significant, whereas the change in time overruns is significant.
KW - Environmental planning
KW - Sustainability sciences, Management & Economics
KW - Large dams
KW - hydropower
KW - forecasting
KW - cost and schedule estimatesw
KW - World Commision on Dams
U2 - 10.1080/07900627.2019.1568232
DO - 10.1080/07900627.2019.1568232
M3 - Journal articles
VL - 36
SP - 839
EP - 854
JO - International Journal of Water Resources Development
JF - International Journal of Water Resources Development
SN - 0790-0627
IS - 5
ER -