Norra länken – A case study
This is an essay written at the Royal Institute of Technology in Stockholm in the
degree programme Civil Engineering and Urban Management. The focus is on real
estate economics, which is a part of the department of Real Estate and Construction
Management. The paper studies the construction of Norra länken in Stockholm in a
so-called case study. The focus has been directed towards the economics of the
project where we analyze the measures that are required to cope with the budget.
The analysis shows that the project has benefited greatly from the experience the
construction of Södra länken provided. Furthermore savings has also been made in
several different areas. The study also shows that the project has managed to keep
both the budget and the initial timeline.
The calculations underlying the budgets are made with the so-called successive
method. This study shows, however, that the reliability and accuracy on this method
should be strongly questioned. The difference between the estimated final cost and
the actual final cost increases the further into the project should be seen as a sign that
the method is flawed.
AT THIS PAGE YOU CAN DOWNLOAD THE WHOLE ESSAY. (follow the link to the next page)