Quantitative Cost and Schedule Risk Analysis of Nuclear Waste Storage

27 Pages Posted: 3 Jan 2019

See all articles by Alexander Budzier

Alexander Budzier

University of Oxford - Saïd Business School

Bent Flyvbjerg

University of Oxford - Said Business School; IT University of Copenhagen; St Anne's College, University of Oxford

Andi Garavaglia

University of Oxford - Said Business School

Andreas Leed

Oxford Global Projects; University of Oxford - Saïd Business School

Date Written: December 10, 2018

Abstract

This study provides an independent, outside-in estimate of the cost and schedule risks of nuclear waste storage projects. Nuclear waste storage is here defined as special facilities for the wet and dry storage and disposal of high-level (HILW) and low and intermediate-level nuclear waste (LILW). The study analyzed cost and schedule risk profiles of past, completed nuclear waste storage (n = 22), nuclear new builds (n = 194) and underground mining projects (n = 31).

Keywords: nuclear waste storage, nuclear power, cost, schedule, cost overrun, schedule overrun, reference class forecasting, outside view, inside view

Suggested Citation

Budzier, Alexander and Flyvbjerg, Bent and Garavaglia, Andi and Leed, Andreas, Quantitative Cost and Schedule Risk Analysis of Nuclear Waste Storage (December 10, 2018). Available at SSRN: https://ssrn.com/abstract=3303410 or http://dx.doi.org/10.2139/ssrn.3303410

Alexander Budzier (Contact Author)

University of Oxford - Saïd Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain

Bent Flyvbjerg

University of Oxford - Said Business School ( email )

Oxford
Great Britain

IT University of Copenhagen ( email )

Copenhagen
Denmark

St Anne's College, University of Oxford ( email )

Oxford
United Kingdom

Andi Garavaglia

University of Oxford - Said Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain

Andreas Leed

Oxford Global Projects ( email )

University of Oxford - Saïd Business School ( email )

Oxford, OX1 5NY
United Kingdom

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