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The Project Management Process of Planning and Budgeting in Public Construction Projects

The Project Management Process of Planning and Budgeting in Public Construction Projects

Jesper Kranker Larsen, Lene Faber Ussing, Thomas Ditlev Brunoe, Søren Munch Lindhard
Copyright: © 2015 |Volume: 6 |Issue: 4 |Pages: 14
ISSN: 1938-0232|EISSN: 1938-0240|EISBN13: 9781466676640|DOI: 10.4018/IJITPM.2015100102
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MLA

Larsen, Jesper Kranker, et al. "The Project Management Process of Planning and Budgeting in Public Construction Projects." IJITPM vol.6, no.4 2015: pp.20-33. http://doi.org/10.4018/IJITPM.2015100102

APA

Larsen, J. K., Ussing, L. F., Brunoe, T. D., & Lindhard, S. M. (2015). The Project Management Process of Planning and Budgeting in Public Construction Projects. International Journal of Information Technology Project Management (IJITPM), 6(4), 20-33. http://doi.org/10.4018/IJITPM.2015100102

Chicago

Larsen, Jesper Kranker, et al. "The Project Management Process of Planning and Budgeting in Public Construction Projects," International Journal of Information Technology Project Management (IJITPM) 6, no.4: 20-33. http://doi.org/10.4018/IJITPM.2015100102

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Abstract

Budgeting and scheduling are central elements in all projects through diverse estimates that are defining the level of project outcome success. It is therefore relevant to study how large public construction agencies apply cost and time scheduling in their projects. The study objective is firstly, to comprehend the process of cost and time scheduling in the initial phases of a project. Secondly, to discover which factors stimulate budget and deadline increases in publicly funded construction projects. Applied data collection is based on semi-structured interviews with publicly agency employed project and property managers. Findings demonstrate that too early decision making disrupt the deadline and total cost in the client briefing stage. Due to lack of clear defined project scope and user requirements are too optimistic. The subsequent project stages are thus pushed by an earlier decided deadline and budget, where following complications within the project organizations were found to stimulate budget and scheduling increases.

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