The average cost overrun for producing the Olympic Games has been more than 200% since 1976

Jennings, W. (25 July 2012) The average cost overrun for producing the Olympic Games has been more than 200% since 1976. British Politics and Policy at LSE.
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Will Jennings explores the history of vast cost overruns for Olympic Games. He isolates three common factors behind grossly underestimated costs since 1976: the bid process, uncontrolled growth in project specifications, and the failure to identify and manage risk.

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