Delivering Successful Megaprojects

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Delivering Successful Megaprojects

Author : Clement Kwegyir-Afful
Publisher : Unknown
Page : 252 pages
File Size : 52,8 Mb
Release : 2018-04-18
Category : Electronic
ISBN : 1999666410

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Delivering Successful Megaprojects by Clement Kwegyir-Afful Pdf

'The book combines project management, leadership and motivational techniques that will help the project leader achieve their definition of success. The book explores what success really means. Several projects, like the Sydney Opera House, Channel Tunnel Link, and Jubilee line extension, were considered a failure, but can now be considered as huge successes. Are we accurately tailoring the right criteria to define the success of large infrastructure projects, or are we just sticking to the so-called Golden Triangle? Do we sometimes confuse project management success with project success? Or is project success an illusion? It explores what success means from the client's, contractor's, stakeholder's and delivery project manager's perspective. It then uses these perspectives to recommend criteria to benchmark and ensure the success of large infrastructure projects. The book follows this up by discussing ten critical success factors, which combines the right mix of the science and art of project management required to deliver projects successfully. It discusses how to add value to the following success factors: Effective top-level management support; Choosing the right team; Making the procurement process count; Developing a robust project schedule; Monitoring and Control; Proactive Risk Management; Reactive Troubleshooting; Supplier collaboration; Lean philosophy and Project leadership. The book collates Principles that have been tested and worked for experienced Project Leaders to deliver large infrastructure projects successfully across the world. It is written from an experienced person's point of view and therefore includes practical issues the Project Leader faces daily and how to deal with them to ensure their success. It also includes a number of case studies from around the world. The goal of the author is for other Project Leaders to use these readily applicable principles and encourages them to develop their own principles to ensure their projects are successful'. The author believes that large infrastructure projects should be run like business organisations and business organisation leaders/entrepreneur growing their business should consider thinking like project leaders. The principles taught in the book is therefore also applicable to leaders in business organisations. The practical insights on how to apply project management, leadership and motivational skills to projects and how to overcome the issues involved makes it a must-read for anyone in the project management/construction industry including students looking to dip their toes in project management, construction, civil engineering and to be leaders of organisations.

Industrial Megaprojects

Author : Edward W. Merrow
Publisher : John Wiley & Sons
Page : 388 pages
File Size : 54,9 Mb
Release : 2011-05-03
Category : Business & Economics
ISBN : 9780470938829

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Industrial Megaprojects by Edward W. Merrow Pdf

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.

Leading Megaprojects

Author : Mounir A. Ajam
Publisher : CRC Press
Page : 347 pages
File Size : 49,8 Mb
Release : 2020-01-06
Category : Technology & Engineering
ISBN : 9781000046762

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Leading Megaprojects by Mounir A. Ajam Pdf

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.

Improving Project Management in the Department of Energy

Author : National Research Council,Division on Engineering and Physical Sciences,Commission on Engineering and Technical Systems,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 : National Academies Press
Page : 149 pages
File Size : 41,6 Mb
Release : 1999-09-22
Category : Science
ISBN : 9780309172783

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Improving Project Management in the Department of Energy by National Research Council,Division on Engineering and Physical Sciences,Commission on Engineering and Technical Systems,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 Pdf

The U.S. Department of Energy has been at the center of many of the greatest achievements in science and engineering in this century. DOE spends billions of dollars funding projects-and plans to keep on spending at this rate. But, documentation shows that DOE's construction and environmental remediation projects take much longer and cost 50% more than comparable projects undertaken by other federal agencies, calling into question DOE's procedures and project management. What are the root causes for these problems?

The Oxford Handbook of Megaproject Management

Author : Bent Flyvbjerg
Publisher : Oxford University Press
Page : 625 pages
File Size : 55,8 Mb
Release : 2017
Category : Business & Economics
ISBN : 9780198732242

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The Oxford Handbook of Megaproject Management by Bent Flyvbjerg Pdf

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 actual project delivery, including how to deal with stakeholders, risk, finance, complexity, innovation, governance, ethics, project breakdowns, and scale itself.

Advanced Construction Project Management

Author : Christian Brockmann
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 46,7 Mb
Release : 2020-12-31
Category : Technology & Engineering
ISBN : 9781119554752

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Advanced Construction Project Management by Christian Brockmann Pdf

An essential guide to the structure, dynamics, and management of construction megaprojects Advanced Construction Project Management is a comprehensive resource that covers the myriad aspects of implementing a megaproject from a contractor’s perspective. With many years’ experience of managing construction megaprojects, the author provides an in-depth exploration of the structure, dynamics and management of these demanding projects. In addition, the book gives all stakeholders a clear understanding of the complexity of megaprojects and offers contractors the insight and essential tools needed for achieving results. As the trend to plan and implement ever-larger projects looks likely to continue into the future, the need for a guide to understand the challenges of managing a megaproject couldn’t be greater. Comprehensive in scope, the book explores the theoretical background, economics, complexity, phases, strategic planning, engineering, coordination, and common challenges of megaprojects. The book also provides the tools for managing stakeholder integration. This important book: Describes the structure, dynamics and management of megaprojects Explores the management activities required and examines the appropriate tools for the management of megaprojects Includes tools for stakeholder integration Provides an advanced understanding of construction management concepts Written for managers, project managers and engineers, and cost consultants, Advanced Construction Project Management covers, in one complete volume, the information needed to lead a successful project.

Procuring Successful Mega-Projects

Author : Louise Hart
Publisher : Routledge
Page : 307 pages
File Size : 48,6 Mb
Release : 2016-03-09
Category : Business & Economics
ISBN : 9781317075455

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Procuring Successful Mega-Projects by Louise Hart Pdf

Mega-projects descending into chaos and litigation embarrass governments all over the world, as the public sector presides over fiascos that waste billions and destroy reputations. Inquiry after Inquiry finds the damaging and costly failures of major government projects can be traced back to the contract establishment process. Procuring Successful Mega-Projects, is a mentor’s guide for project directors, providing frank, fearless, practical advice on how to set up a major government contract that won’t end up in court. It’s all there: How to develop and negotiate a contract that doesn’t contain undeliverable obligations or perverse incentives but does contain the necessary provisions for successful project management. How to navigate the pitfalls of the public sector environment, from hiring freezes and governance frameworks to the complexities of managing the relationship with the Minister. How to select and manage the lawyers and other advisers, build the adviser-client relationship and recognise that unwelcome advice may not be unhelpful. How to structure and follow a bullet-proof procurement process that is fair to bidders and delivers great outcomes. Procuring Successful Mega-Projects is essential reading, not just for the project director, but for everyone with a stake in the success of a mega-project: public sector executives; Ministers; private sector tenderers; infrastructure lenders; legal, financial and technical professional service providers; and procurement and project management professionals.

Megaproject Leaders

Author : Nathalie Drouin,Alfons van Marrewijk,Ralf Müller
Publisher : Edward Elgar Publishing
Page : 328 pages
File Size : 53,8 Mb
Release : 2021-02-26
Category : Business & Economics
ISBN : 9781789902976

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Megaproject Leaders by Nathalie Drouin,Alfons van Marrewijk,Ralf Müller Pdf

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.

Procuring Successful Mega-Projects

Author : Louise Hart
Publisher : Routledge
Page : 312 pages
File Size : 40,8 Mb
Release : 2016-03-09
Category : Business & Economics
ISBN : 9781317075462

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Procuring Successful Mega-Projects by Louise Hart Pdf

Mega-projects descending into chaos and litigation embarrass governments all over the world, as the public sector presides over fiascos that waste billions and destroy reputations. Inquiry after Inquiry finds the damaging and costly failures of major government projects can be traced back to the contract establishment process. Procuring Successful Mega-Projects, is a mentor’s guide for project directors, providing frank, fearless, practical advice on how to set up a major government contract that won’t end up in court. It’s all there: How to develop and negotiate a contract that doesn’t contain undeliverable obligations or perverse incentives but does contain the necessary provisions for successful project management. How to navigate the pitfalls of the public sector environment, from hiring freezes and governance frameworks to the complexities of managing the relationship with the Minister. How to select and manage the lawyers and other advisers, build the adviser-client relationship and recognise that unwelcome advice may not be unhelpful. How to structure and follow a bullet-proof procurement process that is fair to bidders and delivers great outcomes. Procuring Successful Mega-Projects is essential reading, not just for the project director, but for everyone with a stake in the success of a mega-project: public sector executives; Ministers; private sector tenderers; infrastructure lenders; legal, financial and technical professional service providers; and procurement and project management professionals.

Mega-Projects

Author : Alan A. Altshuler,David E. Luberoff
Publisher : Rowman & Littlefield
Page : 356 pages
File Size : 48,6 Mb
Release : 2004-05-13
Category : Political Science
ISBN : 0815701306

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Mega-Projects by Alan A. Altshuler,David E. Luberoff Pdf

Since the demise of urban renewal in the early 1970s, the politics of large-scale public investment in and around major American cities has received little scholarly attention. In MEGA-PROJECTS, Alan Altshuler and David Luberoff analyze the unprecedented wave of large-scale (mega-) public investments that occurred in American cities during the 1950s and 1960s; the social upheavals they triggered, which derailed large numbers of projects during the late 1960s and early 1970s; and the political impulses that have shaped a new generation of urban mega-projects in the decades since. They also appraise the most important consequences of policy shifts over this half-century and draw out common themes from the rich variety of programmatic and project developments that they chronicle. The authors integrate narratives of national as well as state and local policymaking, and of mobilization by (mainly local) project advocates, with a profound examination of how well leading theories of urban politics explain the observed realities. The specific cases they analyze include a wide mix of transportation and downtown revitalization projects, drawn from numerous regions—most notably Boston, Denver, Los Angeles, New York City, Chicago, Atlanta, Dallas, Portland, and Seattle. While their original research focuses on highway, airport, and rail transit programs and projects, they draw as well on the work of others to analyze the politics of public investment in urban renewal, downtown retailing, convention centers, and professional sports facilities. In comparing their findings with leading theories of urban and American politics, Altshuler and Luberoff arrive at some surprising findings about which perform best and also reveal some important gaps in the literature as a whole. In a concluding chapter, they examine the potential effects of new fiscal pressures, business mobilization to relax environmental constraints, and security concerns in the wake of September 11. And they make clear their own views about how best to achieve a balance between developmental, environmental, and democratic values in public investment decisionmaking. Integrating fifty years of urban development history with leading theories of urban and American politics, MEGA-PROJECTS provides significant new insights into urban and intergovernmental politics.

De Gruyter Handbook of Responsible Project Management

Author : Beverly L. Pasian,Nigel L. Williams
Publisher : Walter de Gruyter GmbH & Co KG
Page : 498 pages
File Size : 52,8 Mb
Release : 2023-01-30
Category : Business & Economics
ISBN : 9783110724820

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De Gruyter Handbook of Responsible Project Management by Beverly L. Pasian,Nigel L. Williams Pdf

The narrative about the project management profession is dominated by discussions of “success” and “failure” along with the need to improve the competence of project managers. As a result, the community is engaged in a fruitless search for a combination of tools, techniques and practices that will result in desired outcomes for funders. While the profession has made recent attempts to incorporate environmental and social responsibility, these areas are still framed within the existing discourses of project delivery. The De Gruyter Handbook of Responsible Project Management seeks to rethink project management by integrating contributions from the emerging responsible Management domain. This handbook will explore the nature and extent of project professionals’ responsibility at different levels – individual, team, organizational and societal – along with the implications for education, research and practice. The De Gruyter Handbook of Responsible Project Management offers cutting-edge insights into the fi eld of project management. It is an essential reference for scholars and practitioners.

Megaprojects and Risk

Author : Bent Flyvbjerg,Nils Bruzelius,Werner Rothengatter
Publisher : Cambridge University Press
Page : 226 pages
File Size : 48,7 Mb
Release : 2003-02-13
Category : Business & Economics
ISBN : 0521009464

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Megaprojects and Risk by Bent Flyvbjerg,Nils Bruzelius,Werner Rothengatter Pdf

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.

Planning and Appraisal Recommendations for Megaproject Success

Author : Juan Alberti
Publisher : Inter-American Development Bank
Page : 46 pages
File Size : 44,8 Mb
Release : 2019-02-04
Category : Transportation
ISBN : 8210379456XXX

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Planning and Appraisal Recommendations for Megaproject Success by Juan Alberti Pdf

This paper compares two approaches to the evaluation of mega transport project success. The first one is called the “iron triangle” approach. Under this approach, a megaproject is considered successful when it is delivered on budget, on time, and in line with the required specifications. The second approach is here called the “holistic” view of megaproject success, which considers other commonly used criteria: social efficiency, effectiveness, equity, relevance, and political pay-off, among others. This paper shows how the way in which the success of a mega transport project is measured leads to different recommendations for the planning and appraisal stages. It shows that such recommendations may or may not be consistent with the nature of the problem these endeavors imply at the different stages. It is here argued that focusing on the “iron triangle” approach to success can promote planning and appraisal with a narrow view of the problem, by assuming consensus, encouraging depoliticization, understanding the problem as a mathematical optimization made by a single decision-maker. The “holistic” approach to success, on the other hand, favors more comprehensive and integrated ways of planning and appraising infrastructure megaprojects. It does so by promoting a reduction in data demands, focusing on simplicity and transparency aimed at clarifying the terms of conflict and accepting uncertainty, keeping options open, all while focusing on the actual criteria used by the relevant stakeholders. Common pitfalls of the application of the “iron triangle” approach to success at the planning and appraisal stages result from its failure to address the context and the usual impossibility to fix and maintain a desired state from the earliest stages of the project. On the other hand, when using the ”holistic” view, recommendations are based on what happens in fact, including project management variables as only one part of the criteria actually used when planning megaprojects. In order to promote a transparent pre-investment stage, the planning and appraisal of megaprojects should consider project management variables, while also accepting complexity and non-linearity, addressing the power of the context, as well as the influence of the stakeholders involved, reflecting the actual criteria used in the decision-making process.

Socioeconomic Evaluation of Megaprojects

Author : Markku Lehtonen,Pierre-Benoît Joly,Luis Aparicio
Publisher : Taylor & Francis
Page : 264 pages
File Size : 49,5 Mb
Release : 2016-11-22
Category : Business & Economics
ISBN : 9781317222071

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Socioeconomic Evaluation of Megaprojects by Markku Lehtonen,Pierre-Benoît Joly,Luis Aparicio Pdf

The governance and evaluation of ‘megaprojects’ – that is, large-scale, complex, high-stakes infrastructure projects usually commissioned by governments and delivered through partnerships between public and private organisations – is receiving increased attention. However, megaproject evaluation has hitherto largely adopted a linear-rationalist perspective to explain the frequent failure of such projects to meet the ‘iron triangle’ of performance criteria: delivering on time, within budget, and according to specifications. This approach recommends greater control and accountability to remedy megaproject ‘pathologies’. Drawing on empirical examples mainly from the transport sector and radioactive waste disposal, this book offers new perspectives to megaproject evaluation. Comprising contributions from leading experts in project evaluation and appraisal, this collection opens up new avenues by suggesting two ways of improving megaproject evaluation: 1) approaches that go beyond the dominant linearrationalist notion of policy processes, and emphasise instead the objective of opening up appraisal processes in order to enhance learning and reflexivity; and 2) approaches that extend evaluative criteria beyond the ‘iron triangle’, to cover the various socioeconomic impacts and preconditions for project success. This volume will be of great relevance to scholars and practitioners with an interest in megaprojects, energy and climate policy, radioactive waste management, urban design, and project planning and management.

Global Megaprojects

Author : Virginia A. Greiman
Publisher : John Wiley & Sons
Page : 564 pages
File Size : 48,9 Mb
Release : 2022-12-01
Category : Business & Economics
ISBN : 9781119875208

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Global Megaprojects by Virginia A. Greiman Pdf

The definitive guide to international megaprojects from an undisputed authority in the field In Global Megaprojects: Lessons, Case Studies, and Expert Advice on International Megaproject Management, distinguished international megaproject researcher and consultant Virginia A. Greiman delivers a comprehensive and incisive discussion of a key topic in global infrastructure development: the international megaproject. In the book, readers will find indispensable guidance and insights from experienced megaproject experts, as well as over 20 case studies highlighting practical solutions to common and pressing issues faced by project stakeholders around the world. This book was written to demonstrate that megaprojects can and have accomplished major economic, social, and technical advancements thought impossible but achieved by successfully confronting the challenges of the time. This book offers solutions and prescriptions for megaproject participants to overcome the complex challenges presented by these projects. It incorporates the latest evidence-based theory and a wealth of practical experience and provides a truly international perspective, showcasing viewpoints from a diverse collection of regions, cultures, and industries. Global Megaprojects also presents: Thorough introductions to megaprojects and their lifecycles, including the megaproject ecosystem and the world’s emerging megaprojects In-depth examinations of megaproject finance and economics, including innovation and value-driven program management Extensive explorations of complex project leadership, including the characteristics of uncertainty, complex projects, and cross-cultural dynamics Comprehensive discussions of megaproject implementation management, including global delivery methodologies and strategic objective alignment Perfect for, Global Megaprojects: Lessons, Case Studies, and Expert Advice on International Megaproject Management will also earn a place in the libraries of project managers, policymakers, academics, contractors, engineers, suppliers, investors, and sponsors of large international projects.