Industrial Megaprojects: Concepts, Strategies, and Practices for Success

Industrial Megaprojects: Concepts, Strategies, and Practices for Success

By Edward W Merrow

As megaprojects sponsored by petroleum, chemical, mineral, power, and other related industries have increased in size and complexity, so has the fallout. Anyone with a managing stake needs to understand how and why things can go so wrong. Industrial Megaprojects explains underlying causes of over-budgeted, delayed, and unsafe megaprojects.

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Book Information

Publisher: Wiley
Publish Date: 05/03/2011
Pages: 384
ISBN-13: 9780470938829
ISBN-10: 047093882X
Language: English

Full Description

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.

About the Author

EDWARD W. MERROW is the founder and CEO of Independent Project Analysis, Inc. After starting his career as a professor at the University of California Los Angeles, Ed spent 15 years at the RAND Corporation, eventually directing RAND's Energy Research Program. In 1987 he founded IPA to be a unique benchmarking and research provider to the capital-intensive industries and infrastructure builders around the world.

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