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Lock-in and its influence on the project performance of large-scale transportation infrastructure projects: investigating the way in which lock-in can emerge and affect cost overruns

Abstract:

Lock-in, the escalating commitment of decision makers to an ineffective course of action, has the potential to explain the large cost overruns in large-scale transportation infrastructure projects. Lock-in can occur both at the decision-making level (before the decision to build) and at the project level (after the decision to build) and can influence the extent of overruns in two ways. The first involves the ‘methodology’ of calculating cost overruns according to the ‘formal decision to buil...

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Publication date:
2010-01-01
UUID:
uuid:68ed95d6-a4f9-4995-b5b9-660817f6a650
Local pid:
oai:eureka.sbs.ox.ac.uk:623
Deposit date:
2011-05-19

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