John ZhaoNov 27, 20211 minCost Forecasting TechniqueMajor capital projects have a long tendency of cost overruns and schedule delays, based on abundance of research and historical cost...
John ZhaoApr 25, 20211 minQualitative Risk AssessmentBrainstorming technique for risk identification is one of the most commonly used methods and it applies to traditional settings where...
John ZhaoApr 25, 20211 minScientifically Derive Project ContingencyAccording to the academic researches led by Dr. Flyvbjerg, "cost escalation appears a global phenomenon. Estimates have not improved, and...