Cost and Time Overruns in Public Sector Projects

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Review Of Industry And Management

Sebastian Morris

Vol. 25, Issue No. 47, 24 Nov, 1990

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Review Of Industry And Management

Sebastian Morris

Vol. 25, Issue No. 47, 24 Nov, 1990

Cost and Time Overruns in Public Sector Projects

Vol. 25, Issue No. 47, 24 Nov, 1990

Review Of Industry And Management

Sebastian Morris

Delays and cost overruns in public sector investments can raise the capital-output ratio in the sector and elsewhere, bringing down the efficacy of investments. Yet there are no estimates of the delays and cost overruns, and of their opportunity cost.

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