... Government investment projects Optimism bias Value for money, as measured by cost-benefit analysis (CBA) is often a crucial part of the business case and a key selection criterion in government projects (Volden, 2019). Various techniques have been developed to elicit the willingness to pay for non...

... is to prepare and develop an achievable baseline schedule and thus set the project up for success, rather than failure. The purpose of this paper is to explore and investigate research outputs in one of the major causes, optimism bias, to identify problems with developing baseline schedules and analyse...