[PDF] Planning Appraisal And Delivery Of Infrastructure Mega Projects 1 Decision Making Beyond The Iron Triangle eBook

Author : Harry Dimitriou
Publisher : Routledge
Page : 392 pages
File Size : 47,87 MB
Release : 2015-10-15
Category :
ISBN : 9780415707725

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This book seeks to establish more clearly the generic parameters of a successful mega infrastructure project, on the premise that mega infrastructure projects that are completed on time, within budget and to specification can also be built in the wrong place, at the wrong time, and have impacts that serve special interests at the cost of the wider community. The book more particularly refers to mega transport projects and examines their claimed successes and failures beyond the iron-triangle criteria of project management both in terms of agent of change aspirations they may pursue and in the context of longer term sustainable development challenges they are expected to address. Drawing from a case study pool of 30 mega transport projects in ten countries/territories in the developed world, the book investigates the extent to which such projects meet original and emergent objectives. It looks to offer insights into how and why these projects perform as they do and why their treatment of risk, uncertainty and complexity in decision-making can differ from nation to nation, even region to region, and over different temporal contexts. It assesses the suitability of current traditional planning, appraisal and delivery methods of mega infrastructure projects and concludes with a set of 'lessons' for key stakeholders.

Author : Juan Alberti
Publisher : Inter-American Development Bank
Page : 46 pages
File Size : 40,55 MB
Release : 2019-02-04
Category : Transportation
ISBN :

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This paper compares two approaches to the evaluation of mega transport project success. The first one is called the “iron triangle” approach. Under this approach, a megaproject is considered successful when it is delivered on budget, on time, and in line with the required specifications. The second approach is here called the “holistic” view of megaproject success, which considers other commonly used criteria: social efficiency, effectiveness, equity, relevance, and political pay-off, among others. This paper shows how the way in which the success of a mega transport project is measured leads to different recommendations for the planning and appraisal stages. It shows that such recommendations may or may not be consistent with the nature of the problem these endeavors imply at the different stages. It is here argued that focusing on the “iron triangle” approach to success can promote planning and appraisal with a narrow view of the problem, by assuming consensus, encouraging depoliticization, understanding the problem as a mathematical optimization made by a single decision-maker. The “holistic” approach to success, on the other hand, favors more comprehensive and integrated ways of planning and appraising infrastructure megaprojects. It does so by promoting a reduction in data demands, focusing on simplicity and transparency aimed at clarifying the terms of conflict and accepting uncertainty, keeping options open, all while focusing on the actual criteria used by the relevant stakeholders. Common pitfalls of the application of the “iron triangle” approach to success at the planning and appraisal stages result from its failure to address the context and the usual impossibility to fix and maintain a desired state from the earliest stages of the project. On the other hand, when using the ”holistic” view, recommendations are based on what happens in fact, including project management variables as only one part of the criteria actually used when planning megaprojects. In order to promote a transparent pre-investment stage, the planning and appraisal of megaprojects should consider project management variables, while also accepting complexity and non-linearity, addressing the power of the context, as well as the influence of the stakeholders involved, reflecting the actual criteria used in the decision-making process.

Author : Markku Lehtonen
Publisher : Routledge
Page : 266 pages
File Size : 39,27 MB
Release : 2016-11-22
Category : Business & Economics
ISBN : 1317222067

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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.

Author : Hugo Priemus
Publisher : Edward Elgar Publishing
Page : 353 pages
File Size : 17,20 MB
Release : 2008-01-01
Category : Business & Economics
ISBN : 1848440170

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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.

Author : Harry Dimitriou
Publisher : Routledge
Page : 392 pages
File Size : 30,69 MB
Release : 2019-08
Category :
ISBN : 9780415707732

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This book is based on the underlying premise that much can be learned from contemporary thinking about the treatment of complexity, uncertainty, risk-taking and the importance of context in decision making for planning, in fields where these concepts have long been deployed in complex problem-solving. It explores the sophisticated theoretical approaches which have been developed in order to analyse the issues surrounding that complexity. In so doing, the book discusses the overriding influence of complexity theory on the whole field of risk and uncertainty as it impacts on all stages of the project life-cycle. It furthermore examines various decision-support methods, tools and techniques that have been developed and employed by different professions and disciplines with the aim of addressing risk, uncertainty and complexity in planning in a range of different contexts. The book especially explores the parameters of these different contexts and their characteristics in an effort to identify both generic and context-specific lessons that may be of value to planning exercises for Mega Transport Projects.

Author : Edward Ochieng
Publisher : Routledge
Page : 695 pages
File Size : 47,93 MB
Release : 2020-12-30
Category : Technology & Engineering
ISBN : 1000330087

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This book examines complex challenges in managing major strategic economic and social infrastructure projects. It is divided into four primary themes: value-based approach to infrastructure systems appraisal, enabling planning and execution, financing and contracting strategies for infrastructure systems and digitising major infrastructure delivery. Within these four themes, the chapters of the book cover: the value and benefits of infrastructure projects planning for resilient major infrastructure projects sustainable major infrastructure development and management, including during mega events improving infrastructure project financing stakeholder engagement and multi-partner collaborations delivering major infrastructure projects effectively and efficiently whole-life-cycle performance, operations and maintenance relationship risks on major infrastructure projects public-private partnerships, design thinking principles, and innovation and technology. By drawing on insights from their research, the editors and contributors bring a fresh perspective to the transformation of major strategic infrastructure projects. This text is designed to help policymakers and investors select and prioritise their infrastructure needs beyond the constraining logic of political cycles. It offers a practical set of recommendations for governments on attracting private capital for infrastructure projects while creating clear social and economic value for their citizens. Through theoretical underpinning, empirical data and in-depth informative global case studies, the book presents an essential resource for students, researchers, practitioners and policymakers interested in all aspects of strategic infrastructure planning, project management, construction management, engineering and business management.

Author :
Publisher :
Page : 164 pages
File Size : 25,1 MB
Release : 2012
Category :
ISBN : 9789461912558

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"Over the last few decades, there has been an increasing interest in mega projects from both policy makers and academics. Of particular concern to both has been the seemingly structural time and cost overruns associated with these projects. In response a tendency, especially of policy makers, has been to look for ways of simplifying the decision and planning process. In academia the focus has been more on how to increase transparency and accountability in an attempt to prevent issues such as strategic misrepresentation or optimism bias, and on more adaptive project management to be more responsive to changes in the context of a project and within the project itself. And so it seems that policy and academia address the same problem, but are diverging into different directions concerning the solution. This dissertation develops concepts of strategic and adaptive capacity in order to analyse mega project planning and decision-making. Three Dutch infrastructure projects are examined. The HSL-Zuid is a high speed line running from Amsterdam to Brussels. RandstadRail is an inter-regional light-rail project between Rotterdam and The Hague. The Beneluxlijn is a metro extension in the Rotterdam region and forms a link between two already existing lines. The research shows that the tendency, especially by policy makers, to close the decision-making process early on and follow a step-by-step plan might be counterproductive in many instances. The planning of mega projects should be like sailing a ship; choose your destination but know that to get there you will have to navigate through storms and through known and unknown territory with underwater rocks and unexpected sandbanks."--Omslag.

Author : Mr Adri Köhler
Publisher : Gower Publishing, Ltd.
Page : 185 pages
File Size : 29,69 MB
Release : 2012-09-28
Category : Technology & Engineering
ISBN : 1409459411

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The concept of sustainability has grown in recognition and importance. The pressure on companies to broaden their reporting and accountability from economic performance for shareholders, to sustainability performance for all stakeholders is leading to a change of mindset in consumer behaviour and corporate policies. How can we develop prosperity without compromising the life and needs of future generations? Sustainability in Project Management explores and identifies the questions surrounding the integration of the concepts of sustainability in projects and project management and provides valuable guidance and insights. Sustainability relates to multiple perspectives, economical, environmental and social, but also to responsibility and accountability and values in terms of ethics, fairness and equality. The authors will inspire project managers to be aware of these considerations, and to apply them to the role they play in projects, not just 'doing things right' but 'doing the right things right'.

Author : Roger Miller
Publisher : MIT Press
Page : 268 pages
File Size : 25,38 MB
Release : 2001-03-12
Category : Business & Economics
ISBN : 9780262263511

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The book is based on an international research project that analyzed sixty LEPs, among them the Boston Harbor cleanup; the first phase of subway construction in Ankara, Turkey; a hydro dam on the Caroni River in Venezuela; and the construction of offshore oil platforms west of Flor, Norway. As the number, complexity, and scope of large engineering projects (LEPs) increase worldwide, the huge stakes may endanger the survival of corporations and threaten the stability of countries that approach these projects unprepared. According to the authors, the "front-end" engineering of institutional arrangements and strategic systems is a far greater determinant of an LEP's success than are the more tangible aspects of project engineering and management. The book is based on an international research project that analyzed sixty LEPs, among them the Boston Harbor cleanup; the first phase of subway construction in Ankara, Turkey; a hydro dam on the Caroni River in Venezuela; and the construction of offshore oil platforms west of Flor, Norway. The authors use the research results to develop an experience-based theoretical framework that will allow managers to understand and respond to the complexity and uncertainty inherent in all LEPs. In addition to managers and scholars of large-scale projects, the book will be of interest to those studying the relationship between institutions and strategy, risk management, and corporate governance in general. Contributors Bjorn Andersen, Richard Brealey, Ian Cooper, Serghei Floricel, Michel Habib, Brian Hobbs, Donald R. Lessard, Pascale Michaud, Roger Miller, Xavier Olleros

Author : Bent Flyvbjerg
Publisher : Cambridge University Press
Page : 226 pages
File Size : 24,95 MB
Release : 2003-02-13
Category : Business & Economics
ISBN : 9780521009461

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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.