Industrial Megaprojects: Concepts, Strategies, and Practices for Success
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.
Why Megaprojects Fail So Often: Seven Key Mistakes 1
Understanding the Projects
Megaprojects—Creators and Destroyers of Capital 11
Data and Methods 23
Project Outcomes 37
Making the Right Business Decisions Before You Commit
The Opportunity-Shaping Process 53
Devising the Shaping Strategy 91
Megaprojects and Co rporate Governance 123
Making the Right Project Decisions
Basic Data Are Basic: Get Them Right Before You Start to Design 137
Megaproject Teams: People Do Projects 159
Organizing Megaproject Teams 185
Project Defi nition: Getting the Front End Right 199
The Control of Execution Risk 305
Focus on Success 333
Glossary and Abbreviations 341