Abstract: AbstractThe formal use of heuristics as a strategy for dealing with decision-making under uncertainty by engineers has been typically overlooked when procuring construction projects, even though they have been shown to ...

Abstract: AbstractCost overruns in transport projects are a problem for governments worldwide. Despite the wealth of research that has sought to explain cost overrun causation, with theories such as the Planning Fallacy and Fifth ...

Abstract: AbstractSmart heuristics—simple task-specific decision strategies that function under specific conditions—have been shown to provide more accurate outcomes than do statistical models in uncertainty settings. Yet, within ...

Abstract: The expected final budgeted costs of infrastructure assets are often exceeded during project delivery. Being able to determine the likelihood of changes to the final budget can enable clients to implement strategies to ...