Decision-making on Mega-projects

Decision-making on Mega-projects
Author: Hugo Priemus
Publisher: Edward Elgar Publishing
Total Pages: 353
Release: 2008-01-01
Genre: Business & Economics
ISBN: 1848440170

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.

Decision-making on Mega-projects

Decision-making on Mega-projects
Author: Hugo Priemus
Publisher: Edward Elgar Publishing
Total Pages: 360
Release: 2008
Genre: Business & Economics
ISBN:

'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, Free University, Amsterdam, The Netherlands This book aims to enlarge 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.

Megaprojects and Risk

Megaprojects and Risk
Author: Bent Flyvbjerg
Publisher: Cambridge University Press
Total Pages: 226
Release: 2003-02-13
Genre: Business & Economics
ISBN: 9780521009461

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.

The Oxford Handbook of Megaproject Management

The Oxford Handbook of Megaproject Management
Author: Bent Flyvbjerg
Publisher: Oxford University Press
Total Pages: 625
Release: 2017
Genre: Business & Economics
ISBN: 0198732244

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.

International Handbook on Mega-Projects

International Handbook on Mega-Projects
Author: Hugo Priemus
Publisher: Edward Elgar Publishing
Total Pages: 479
Release: 2013-11-29
Genre: Business & Economics
ISBN: 1781002304

Providing crucial background information for those who want to understand decision-making processes on large transport infrastructure projects, this fascinating Handbook will prove an important source of information for academics, researchers and stude

Industrial Megaprojects

Industrial Megaprojects
Author: Edward W. Merrow
Publisher: John Wiley & Sons
Total Pages: 388
Release: 2011-05-03
Genre: Business & Economics
ISBN: 047093882X

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.

Mega-Projects

Mega-Projects
Author: Alan A. Altshuler
Publisher: Rowman & Littlefield
Total Pages: 356
Release: 2004-05-13
Genre: Business & Economics
ISBN: 9780815701309

A Brookings Institution Press and Lincoln Institute of Land Policy publication 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.

Procuring Successful Mega-Projects

Procuring Successful Mega-Projects
Author: Ms Louise Hart
Publisher: Ashgate Publishing, Ltd.
Total Pages: 313
Release: 2015-08-28
Genre: Business & Economics
ISBN: 1472455088

Mistakes on mega-projects continue to embarrass Governments all over the world. No country has been immune from such fiascos, but the failures are eminently avoidable - if you know how. Governments don’t need the costs of failure, they don’t need the aggravation. They do need Louise Hart’s Procuring Successful Mega-Projects. Within the context of large public projects, the author explains how to structure the project, how to build and manage a team, how to run the procurement process and how to ensure that the handover to the delivery phase is not a hospital pass.

Megaproject Risk Analysis and Simulation

Megaproject Risk Analysis and Simulation
Author: Prince Boateng
Publisher: Emerald Group Publishing
Total Pages: 371
Release: 2017-04-28
Genre: Business & Economics
ISBN: 1787143015

Providing new knowledge on risk analysis and simulation for megaprojects, this book is essential reading for both academics and practitioners. Its focus is on technical descriptions of a newly developed dynamic systems approach to megaproject risk analysis and simulation.

Advanced Construction Project Management

Advanced Construction Project Management
Author: Christian Brockmann
Publisher: John Wiley & Sons
Total Pages: 304
Release: 2020-12-31
Genre: Technology & Engineering
ISBN: 1119554756

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.