Decision Making On Mega Projects

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Decision Making On Mega Projects

Author : Hugo Priemus
ISBN : 9781848440173
Genre : Business & Economics
File Size : 79.66 MB
Format : PDF
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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.
Category: Business & Economics

International Handbook On Mega Projects

Author : Hugo Priemus
ISBN : 9781781002308
Genre : Business & Economics
File Size : 37.41 MB
Format : PDF
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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
Category: Business & Economics

Socioeconomic Evaluation Of Megaprojects

Author : Markku Lehtonen
ISBN : 9781317222071
Genre : Business & Economics
File Size : 87.14 MB
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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.
Category: Business & Economics

Procuring Successful Mega Projects

Author : Louise Hart
ISBN : 9781317075455
Genre : Business & Economics
File Size : 75.73 MB
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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.
Category: Business & Economics

Megaprojects And Risk

Author : Bent Flyvbjerg
ISBN : 0521009464
Genre : Business & Economics
File Size : 55.34 MB
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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.
Category: Business & Economics

Urban Megaprojects

Author : Gerardo del Cerro Santamaria
ISBN : 9781781905944
Genre : Social Science
File Size : 22.24 MB
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This book discusses the economic and political conditions that facilitate megaproject implementation and what are the impacts on urbanity and livability of such costly mode of urban development. It includes contributions from sociologists, planners, geographers and architects making it a truly multidisciplinary project.
Category: Social Science

Project Management

Author : Kimmons
ISBN : 0824776763
Genre : Business & Economics
File Size : 51.10 MB
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"Highlighting the practical side of real-life project execution, this massive reference stresses project management as an independent profession--detailing the varied applications where project management is used and examining the numerous and diverse project management responsibilities and tools. "
Category: Business & Economics

Executive Politics In Times Of Crisis

Author : M. Lodge
ISBN : 9781137010261
Genre : Political Science
File Size : 46.94 MB
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Executive Politics in Times of Crisis brings together leading international scholars to consider key trends and challenges that have defined executive politics over the past decade. It showcases key debates in executive politics and contributes to an understanding of the 'executive factor' in political life.
Category: Political Science

Urban Transport In The Developing World

Author : Harry T. Dimitriou
ISBN : 9781849808392
Genre : Political Science
File Size : 57.51 MB
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Policy-making for urban transport and planning of economies in the developing world present major challenges for countries facing rapid urbanisation and rampant motorisation, alongside growing commitments to sustainability. These challenges include: coping with financial deficits, providing for the poor, dealing meaningfully with global warming and energy shortages, addressing traffic congestion and related land use issues, adopting green technologies and adjusting equitably to the impacts of globalisation. This book presents a contemporary analysis of these challenges and new workable responses to the urban transport problems they spawn.
Category: Political Science

Project Governance

Author : T. Williams
ISBN : 9781137274618
Genre : Business & Economics
File Size : 36.91 MB
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Provides essential insight into what it takes to turn an initial idea into a project with successful outcome in the long term. Fills a gap in current literature on project management and is thoroughly grounded in the latest research in this field.
Category: Business & Economics

The Oxford Handbook Of Megaproject Management

Author : Bent Flyvbjerg
ISBN : 9780198732242
Genre : Business & Economics
File Size : 44.92 MB
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The Oxford Handbook of Megaproject Management provides state-of-the-art scholarship in the emerging field of megaproject management. Megaprojects are large, complex projects which typically cost billions of dollars and impact millions of people, like building a high-speed rail line, a megadam, a national health or pensions IT system, a new wide-body aircraft, or staging the Olympics. The book contains 25 chapters written especially for this volume, covering 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. Individual chapters cover the history of the field and relevant theory, from behavioral economics to lock-in and escalation to systems integration and theories of agency and power. All geographies are covered - from the US to China, Europe to Africa, South America to Australia - as are a wide range of project types, from "hard" infrastructure to "soft" change projects. In-depth case studies illustrate salient points. The Handbook offers rigorous, research-oriented, up-to-date academic view of the discipline, based on high-quality data and strong theory. It will be an indispensible resource for students, academics, policy makers, and practitioners.
Category: Business & Economics

Megaproject Management

Author : Virginia A. Greiman
ISBN : 9781118416341
Genre : Business & Economics
File Size : 38.21 MB
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Project management lessons learned on the Big Dig, America'sbiggest megaproject, by a core member responsible for its dailyoperations In Megaproject Management, a central member of the BigDig team reveals the numerous risks, challenges, andaccomplishments of the most complex urban infrastructure project inthe history of the United States. Drawing on personal experienceand interviews with project engineers, executive oversightcommission officials, and core managers, the author, a formerdeputy counsel and risk manager for the Big Dig, develops newinsights as she describes the realities of day-to-day management ofthe project from a project manager's perspective. The book incorporates both theory and practice and is thereforehighly recommended to policymakers, academics, and projectmanagement practitioners. Focusing on lessons learned, thisinsightful coursebook presents the Big Dig as a massive case studyin the management of risk, cost, and schedule, particularly theinterrelation of technical, legal, political, and social factors.It provides an analysis of the difficulties in managingmegaprojects during each phase and over the life span of theproject, while delivering useful lessons on why projects go wrongand what can be done to prevent project failure. It also offers newideas to enhance project management performance and innovation inour global society. This unique guide: Defines megaproject characteristics and frameworks Reviews the Big Dig's history, stakeholders, andgovernance Examines the project's management scope, scheduling, and costmanagement—including project delays and cost overruns Analyzes the Big Dig's risk management and qualitymanagement Reveals how to build a sustainable project through integrationand change introduction
Category: Business & Economics

Risk Navigation Strategies For Major Capital Projects

Author : Asbjørn Rolstadås
ISBN : 0857295942
Genre : Business & Economics
File Size : 80.89 MB
Format : PDF
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Investors and managers of major projects know how often they result in cost overruns and schedule delays. Risk Navigation Strategies for Major Capital Projects builds on conventional best practice to provide a risk-based view of current practices for planning and executing large international projects. As economies of scale continue to drive projects to ever-higher levels of scope and complexity, new thinking about strategy and risk is required. Since major projects are highly exposed to external risks, the traditional view of predictability as something that can be mandated and ensured by rigorous application of conventional best practice has become a myth. Fresh thinking is required to manage projects today, and this book provides a framework for taking project management best practice to the next level. Risk Navigation Strategies for Major Capital Projects is intended for executives investing in major projects, project leaders and managers, as well as those with a teaching or research interest in project and risk management.
Category: Business & Economics

Shanghai Pudong

Author : Y. Chen
ISBN : 9781607502463
Genre : Architecture
File Size : 45.58 MB
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This publication concerns large-scale urban area development in general, and in particular with gaining an understanding of the role played by global-local interaction in shaping the area development strategies in one particularly explosive urban project, the development of Shanghai’s Pudong New Area. The Pudong development provides an extreme example of a situation in which interaction between global and local forces took place in a location whose boundaries had been closed to the outside world for almost forty years and in a period when doors and windows were beginning to open. The research led to a concrete interpretation of the tensions developing at district level and provided an example capable of representing the complexity and dynamics of current area developments. The practical question addressed by the research was: What were the main factors responsible for the speed achieved by the Pudong development? The associated theoretical question was To what extent did the development of the Pudong New Area reflect the characteristics of a developmental state?
Category: Architecture

Environment Planning

Author :
ISBN : UCBK:C099097555
Genre : City planning
File Size : 67.89 MB
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Category: City planning

The Oxford Handbook Of Project Management

Author : Peter W. G. Morris
ISBN : 9780191629389
Genre : Business & Economics
File Size : 37.43 MB
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The Oxford Handbook of Project Management presents and discusses leading ideas in the management of projects. Positioning project management as a domain much broader and more strategic than simply 'execution management', this Handbook draws on the insights of over 40 scholars to chart the development of the subject over the last 50 years or more as an area of increasing practical and academic interest. It suggests we could be entering an emerging 'third wave' of analysis and interpretation following its early technical and operational beginnings and the subsequent shift to a focus on projects and their management. Topics dealt with include: the historical evolution of the subject; its theoretical base; professionalism; business and societal context; strategy; organization; governance; innovation; overruns; risk; information management; procurement; relationships and trust; knowledge management; practice and teams. This handbook is of particular relevance to those interested in the research issues underlying project management.
Category: Business & Economics

Thammasat Review

Author :
ISBN : UOM:39015078213991
Genre : Southeast Asia
File Size : 75.40 MB
Format : PDF
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Category: Southeast Asia