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Level: Basic
TCM Section(s):
10.4. Project Historical Database Management
7.3. Cost Estimating and Budgeting
Venue: 2020 AACE International Conference & Expo
Abstract: This large-scale study, of more than 2,000 projects, looks at the project performance outcomes from two Australian utilities, each with large portfolios of small asset renewal projects. For each utility, the paper considers the relationship between budget cost efficiency, actual (achieved) cost efficiency and the predictability (deviation) between budget and actual cost.
TCM Section(s):
10.4. Project Historical Database Management
7.3. Cost Estimating and Budgeting
Venue: 2020 AACE International Conference & Expo
Abstract: This large-scale study, of more than 2,000 projects, looks at the project performance outcomes from two Australian utilities, each with large portfolios of small asset renewal projects. For each utility, the paper considers the relationship between budget cost efficiency, actual (achieved) cost efficiency and the predictability (deviation) between budget and actual cost.