Decision making in darkness: an analysis of initial decision making prerequisites in public projects in Iceland

• Main Author: Andri Már Reynisson 1985-
• Other Authors: Háskólinn í Reykjavík
• Format: Thesis
• Language: English
• Published: 2012
• Subjects: Framkvæmdastjórnun; Verkefnastjórnun; Tækni- og verkfræðideild; Meistaraprófsritgerðir; Project management; Construction industry Management; School of Science and Engineering; Merki; Iceland
• Online Access: http://hdl.handle.net/1946/10906

Large public projects in Iceland suffer from frequent cost overruns. No indications of increased accuracy in estimations over time and with increased experience are visible. These estimations are amongst the foundations or prerequisites of initial decisions of undertaking large public projects, usin...