Book by Merrow Edward W
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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.
More than half of large-scale building projects, such as drillingplatforms, chemical plants, or dams, have miserably poor results:billions of dollars in overruns, long delays in design andconstruction, and poor operability once they are finally completed.Occasionally, these fiascos make the news, but for obvious reasons,companies usually bury the disasters with as little publicity aspossible. Yet, management at the companies know full well thecomplexity and the difficulty faced when mounting megaprojects.
Industrial Megaprojects explains the underlying causes ofover-budgeted, delayed, and unsafe megaprojects: poor projectmanagement, destructive team behaviors, weak accountabilitysystems, an almost pathological focus on the short-term, and theunwillingness to invest in deep technical expertise. Modern life aswe know it relies on the success of these projects. Leaders andstakeholders of future megaprojects would be wise to heed thewarnings and take note of the best practices outlined in thisbook.
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