Trends and Contingency

STRATEGIES TO INCLUDE CONTINGENCY IN PUBLIC PROJECT ESTIMATES

"STRATEGIES TO INCLUDE CONTINGENCY IN PUBLIC PROJECT ESTIMATES" by Piero Anticona

Abstract: In some countries, Public Projects do not allow Contingency. As Private Projects, they also finish with cost overruns, because they are not exempt from the same problems during the execution of activities.

Can we determine a good strategy to include a contingency in their budgets and meet point estimates to avoid cost overruns?

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