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