Characteristics of Successful Megaprojects

Characteristics of Successful Megaprojects

Author: National Research Council (U.S.). Committee to Assess the Policies and Practices of the Department of Energy to Design, Manage, and Procure Environmental Restoration, Waste Management, and Other Construction Projects

Publisher:

Published: 2000

Total Pages: 9

ISBN-13:

DOWNLOAD EBOOK


Industrial Megaprojects

Industrial Megaprojects

Author: Edward W. Merrow

Publisher: John Wiley & Sons

Published: 2011-05-03

Total Pages: 388

ISBN-13: 047093882X

DOWNLOAD EBOOK

Avoid common pitfalls in large-scale projects using these smart strategies Over half of large-scale engineering and construction projects—off-shore oil platforms, chemical plants, metals processing, dams, and similar projects—have miserably poor results. These include billions of dollars in overruns, long delays in design and construction, and poor operability once finally completed. Industrial Megaprojects gives you a clear, nontechnical understanding of why these major projects get into trouble, and how your company can prevent hazardous and costly errors when undertaking such large technical and management challenges. Clearly explains the underlying causes of over-budget, delayed, and unsafe megaprojects Examines effects of poor project management, destructive team behaviors, weak accountability systems, short-term focus, and lack of investment in technical expertise Author is the CEO of the leading consulting firm for evaluating billion-dollar projects Companies worldwide are rethinking their large-scale projects. Industrial Megaprojects is your essential guide for this rethink, offering the tools and principles that are the true foundation of safe, cost-effective, successful megaprojects.


The Oxford Handbook of Megaproject Management

The Oxford Handbook of Megaproject Management

Author: Bent Flyvbjerg

Publisher: Oxford University Press

Published: 2017

Total Pages: 625

ISBN-13: 0198732244

DOWNLOAD EBOOK

This Handbook provides state-of-the-art scholarship in the emerging field of megaproject management. The 25 chapters cover all aspects of megaproject management, from front-end planning to project delivery, including how to deal with stakeholders, risk, finance, complexity, innovation, governance, ethics, project breakdowns, and scale itself.


Industrial Megaprojects

Industrial Megaprojects

Author: Edward W. Merrow

Publisher: John Wiley & Sons

Published: 2024-07-31

Total Pages: 503

ISBN-13: 1119893186

DOWNLOAD EBOOK

The most up-to-date edition of the bestselling text on megaprojects In the newly revised second edition of Industrial Megaprojects Revisited: Concepts, Strategies, and Practices for Success, 2nd Edition , veteran megaproject valuator Edward Merrow delivers an accessible and authoritative discussion of why megaprojects frequently go over budget, past their deadlines, or result in safety compromises. You’ll explore project management deficiencies, destructive team dynamics, weak accountability systems, short-term biases, and technical expertise gaps and, more importantly, learn how to avoid or address these pitfalls in the real world. This latest edition offers extensive new material on renewable energy and decarbonization projects, as well as: Clear, nontechnical explanations of why major projects tend to get into trouble Strategies to avoid hazardous and costly errors in the high-stakes megaproject environment A comprehensive collection of tools, tips, principles, and frameworks to take a megaproject from start to finish without compromising on safety, blowing the budget, or exceeding the deadline An essential resource for engineers and industry professionals and executives, Industrial Megaprojects remains the gold standard on the subject. It also belongs in the libraries of finance and banking professionals who regularly fund these projects, and academics who research them.


Megaprojects and Risk

Megaprojects and Risk

Author: Bent Flyvbjerg

Publisher: Cambridge University Press

Published: 2003-02-13

Total Pages: 226

ISBN-13: 9780521009461

DOWNLOAD EBOOK

Megaprojects and Risk provides the first detailed examination of the phenomenon of megaprojects. It is a fascinating account of how the promoters of multi-billion dollar megaprojects systematically and self-servingly misinform parliaments, the public and the media in order to get projects approved and built. It shows, in unusual depth, how the formula for approval is an unhealthy cocktail of underestimated costs, overestimated revenues, undervalued environmental impacts and overvalued economic development effects. This results in projects that are extremely risky, but where the risk is concealed from MPs, taxpayers and investors. The authors not only explore the problems but also suggest practical solutions drawing on theory, experience and hard, scientific evidence from the several hundred projects in twenty nations and five continents that illustrate the book. Accessibly written, it will be the standard reference for students, scholars, planners, economists, auditors, politicians and interested citizens for many years to come.


Megaproject Management

Megaproject Management

Author: Virginia A. Greiman

Publisher: John Wiley & Sons

Published: 2013-06-17

Total Pages: 496

ISBN-13: 1118115473

DOWNLOAD EBOOK

Project management lessons learned on the Big Dig, America's biggest megaproject, by a core member responsible for its daily operations In Megaproject Management, a central member of the Big Dig team reveals the numerous risks, challenges, and accomplishments of the most complex urban infrastructure project in the history of the United States. Drawing on personal experience and interviews with project engineers, executive oversight commission officials, and core managers, the author, a former deputy counsel and risk manager for the Big Dig, develops new insights as she describes the realities of day-to-day management of the project from a project manager's perspective. The book incorporates both theory and practice and is therefore highly recommended to policymakers, academics, and project management practitioners. Focusing on lessons learned, this insightful coursebook presents the Big Dig as a massive case study in the management of risk, cost, and schedule, particularly the interrelation of technical, legal, political, and social factors. It provides an analysis of the difficulties in managing megaprojects during each phase and over the life span of the project, while delivering useful lessons on why projects go wrong and what can be done to prevent project failure. It also offers new ideas to enhance project management performance and innovation in our global society. This unique guide: Defines megaproject characteristics and frameworks Reviews the Big Dig's history, stakeholders, and governance Examines the project's management scope, scheduling, and cost management—including project delays and cost overruns Analyzes the Big Dig's risk management and quality management Reveals how to build a sustainable project through integration and change introduction


Decision-making on Mega-projects

Decision-making on Mega-projects

Author: Hugo Priemus

Publisher: Edward Elgar Publishing

Published: 2008-01-01

Total Pages: 353

ISBN-13: 1848440170

DOWNLOAD EBOOK

It will be useful for those experienced and senior professionals who are charged with authorizing and controlling projects. Recommended. P.F. Rad, Choice Building on the seminal work of Bent Flyvbjerg, this book is a collection of expert contributions that will prove essential to anyone wanting to understand why mega-projects go wrong and how they can be made to work better. Professor Sir Peter Hall, University College London, UK This book offers a refreshing and fascinating look at mega-projects from the perspective of public evaluation and planning. With the changing role of the public sector in planning and implementing large-scale projects and a subsequent strong emergence of private public modes of operation, mega-projects have become a problematic phenomenon. This volume is a major source of information and reference. It provides the reader with unique insights and caveats in mega-projects planning. Peter Nijkamp, VU University Amsterdam, The Netherlands This book enlarges the understanding of decision-making on mega-projects and suggest recommendations for a more effective, efficient and democratic approach. Authors from different scientific disciplines address various aspects of the decision-making process, such as management characteristics and cost benefit analysis, planning and innovation and competition and institutions. The subject matter is highly diverse, but certain questions remain at the forefront. For example, how do we deal with protracted preparation processes, how do we tackle risks and uncertainties, and how can we best divide the risks and responsibilities among the private and public players throughout the different phases of the project? Presenting a state-of-the-art overview, based on experiences and visions of authors from Europe and North America, this unique book will be of interest to practitioners of large-scale project management, politicians, public officials and private organisations involved in mega-project decision-making. It will also appeal to researchers, consultants and students dealing with substantial engineering projects, complex systems, project management and transport infrastructure.


Leading Megaprojects

Leading Megaprojects

Author: Mounir A. Ajam

Publisher: CRC Press

Published: 2020-01-06

Total Pages: 347

ISBN-13: 1000046761

DOWNLOAD EBOOK

The performance of megaprojects is questionable, and a large percentage of them fail in one dimension or another. The challenges that contribute to these failures are known. Then why do these projects still fail at a high rate? Leading Megaprojects: A Tailored Approach examines the challenges facing megaprojects and, more importantly, successes in delivering megaprojects. To close the performance gaps in megaproject deliveries, the book presents a customizable model that professionals and organizations can use to increase the chance of successful project delivery. To illustrate the model, it uses examples and case studies, primarily from capital projects, with engineering and construction components. The book also explains how the approach can be applied to all projects, regardless of industry or domain. The book emphasizes the role of leadership because it takes the point of view that megaprojects cannot be successful without great leadership due to their massive size, complexity, number of parties and stakeholders involved, and cost, among other vital factors. Leaders can define the path for a megaproject to guide seasoned managers and project managers to successful closure. The tailored approach is based on a stage-gate project life cycle model, which covers projects from concept to success. However, it is not limited to a purist form of traditional project management. It is a tailored methodological approach, with an emphasis on leading the work, end-to-end, at the project level, along with the management of every stage of the project. Also, it presents the integration of the business, product delivery, and operations management into a cohesive approach. The book concludes with an in-depth simulation showing how the model is can be tailored to deliver a megaproject successfully.


The Successful Delivery of Megaprojects

The Successful Delivery of Megaprojects

Author: Giorgio Locatelli

Publisher:

Published: 2017

Total Pages: 17

ISBN-13:

DOWNLOAD EBOOK

Megaprojects are often associated with poor delivery performance and poor benefits realization. This article provides a method of identifying, in a quantitative and rigorous manner, the characteristics related to project management success in megaprojects. It provides an investigation of how stakeholders can use this knowledge to ensure more effective design and delivery for megaprojects. The research is grounded in 44 megaprojects and a systematic, empirically based methodology that employs the Fisher's exact test and machine learning techniques to identify the correlation between megaprojects' characteristics and performance, paving the way to an understanding of their causation.


Megaproject Leaders

Megaproject Leaders

Author: Nathalie Drouin

Publisher: Edward Elgar Publishing

Published: 2021-02-26

Total Pages: 328

ISBN-13: 1789902975

DOWNLOAD EBOOK

Megaproject Leaders brings together 18 prominent academics who interviewed 16 great megaproject leaders originating from 10 different countries. Based on a reflective methodological approach, these chapters investigate the managing of megaprojects from a human perspective, identify new trends in the managing of megaprojects and identify lessons learned from the personal views of the interviewees. The novel ideas presented will appeal to academics, practitioners and university students.