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Industrial Megaprojects

2011-05-03 Business & Economics
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Release : 2011-05-03
Genre : Business & Economics
Kind : eBook
Book Rating : 82X/5 ( reviews)

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Book Synopsis Industrial Megaprojects by : Edward W. Merrow

Download or read book Industrial Megaprojects written by Edward W. Merrow. This book was released on 2011-05-03. Available in PDF, EPUB and Kindle. Book excerpt: 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

2017 Business & Economics
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Release : 2017
Genre : Business & Economics
Kind : eBook
Book Rating : 244/5 ( reviews)

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Book Synopsis The Oxford Handbook of Megaproject Management by : Bent Flyvbjerg

Download or read book The Oxford Handbook of Megaproject Management written by Bent Flyvbjerg. This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The (Under) Performance of Mega-Projects

2015
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Release : 2015
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Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The (Under) Performance of Mega-Projects by : Colm Lundrigan

Download or read book The (Under) Performance of Mega-Projects written by Colm Lundrigan. This book was released on 2015. Available in PDF, EPUB and Kindle. Book excerpt: This study links evolution in organizational structure to ambiguity in the definition of performance in the context of organizations formed to develop long-lived infrastructure: so-called 'mega-projects'. Based on a longitudinal, inductive analysis of three mega-projects in London, we argue that a mega-project is a meta-organization with two symbiotically-related constituent structures. The core, led by a coalition, is a mutable collective that shares control over the goal of the project and corresponding high-level design choices. The periphery is a supply chain selected to design and build the infrastructure, but lacks the authority to change the high-level choices. As the mega-project structure evolves over time, we show that the founders and new comers renegotiate the high-level choices and slippages in performance targets ensue. The conflation of committals to different baselines, differing preferences for efficiency and effectiveness, and rivalry in high-level choices gives rise to competing performance narratives which cannot be reconciled. Thus, we argue, the disappointing and controversial (under) performance of mega-projects may be a result of how their organizational structure develops, rather than due to any agency or competence related failure per se.

Leading Megaprojects

2020-01-06 Technology & Engineering
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Release : 2020-01-06
Genre : Technology & Engineering
Kind : eBook
Book Rating : 761/5 ( reviews)

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Book Synopsis Leading Megaprojects by : Mounir A. Ajam

Download or read book Leading Megaprojects written by Mounir A. Ajam. This book was released on 2020-01-06. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Megaprojects and Risk

2003-02-13 Business & Economics
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Release : 2003-02-13
Genre : Business & Economics
Kind : eBook
Book Rating : 461/5 ( reviews)

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Book Synopsis Megaprojects and Risk by : Bent Flyvbjerg

Download or read book Megaprojects and Risk written by Bent Flyvbjerg. This book was released on 2003-02-13. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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