...Haoyang Chen; Botong Xu; Louis Zhong Rui Wong; Kaiyang Zhong Purpose The study aims to investigate the application of the data element market in software project management, focusing on improving effort estimation by addressing challenges faced by traditional methods. Design/methodology...

.... Originality/value This research provides a valuable insight into understanding the underlying factors for poor project estimation. The final root cause category for engineering projects is political‒economic explanations, which see planners and promoters deliberately and strategically overestimating...

.../approach Three samples of educated participants (employees in a large construction company, students attending courses in project management and judgment and decision making, and judges of district and appeal courts) answered questionnaires about cost estimates of a highway construction project, presented...

... variables. To overcome multicollinearity, principal component analysis is used. Then, stepwise multiple regression analysis is used to develop the cost prediction model. Finally, non-parametric bootstrap method is used to develop range estimation of the implementation cost. Findings A list of project...