Details

Industrial Megaprojects


Industrial Megaprojects

Concepts, Strategies, and Practices for Success
1. Aufl.

von: Edward W. Merrow

40,99 €

Verlag: Wiley
Format: EPUB
Veröffentl.: 31.03.2011
ISBN/EAN: 9781118067505
Sprache: englisch
Anzahl Seiten: 384

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Beschreibungen

<b>Avoid common pitfalls in large-scale projects using these smart strategies</b> <p>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.</p> <p><i>Industrial Megaprojects</i> 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.</p> <ul type="disc"> <li>Clearly explains the underlying causes of over-budget, delayed, and unsafe megaprojects</li> <li>Examines effects of poor project management, destructive team behaviors, weak accountability systems, short-term focus, and lack of investment in technical expertise</li> <li>Author is the CEO of the leading consulting firm for evaluating billion-dollar projects</li> </ul> <p>Companies worldwide are rethinking their large-scale projects. <i>Industrial Megaprojects</i> is your essential guide for this rethink, offering the tools and principles that are the true foundation of safe, cost-effective, successful megaprojects.</p>
Foreword JAMES B. PORTER, JR. vii <p>Acknowledgments xi</p> <p>Introduction</p> <p>Why Megaprojects Fail So Often: Seven Key Mistakes 1</p> <p>Part One</p> <p>Understanding the Projects</p> <p>Chapter 1</p> <p>Megaprojects—Creators and Destroyers of Capital 11</p> <p>Chapter 2</p> <p>Data and Methods 23</p> <p>Chapter 3</p> <p>Project Outcomes 37</p> <p>Part Two</p> <p>Making the Right Business Decisions Before You Commit</p> <p>Chapter 4</p> <p>The Opportunity-Shaping Process 53</p> <p>Chapter 5</p> <p>Devising the Shaping Strategy 91</p> <p>Chapter 6</p> <p>Megaprojects and Co rporate Governance 123</p> <p>Part Three</p> <p>Making the Right Project Decisions</p> <p>Chapter 7</p> <p>Basic Data Are Basic: Get Them Right Before You Start to Design 137</p> <p>Chapter 8</p> <p>Megaproject Teams: People Do Projects 159</p> <p>Chapter 9</p> <p>Organizing Megaproject Teams 185</p> <p>Chapter 10</p> <p>Project Defi nition: Getting the Front End Right 199</p> <p>Chapter 11</p> <p>Contracting 253</p> <p>Chapter 12</p> <p>The Control of Execution Risk 305</p> <p>Chapter 13</p> <p>Focus on Success 333</p> <p>Glossary and Abbreviations 341</p> <p>Notes 343</p> <p>Index 347</p>
<p><b>EDWARD W. MERROW</b> is the founder and CEO of Independent Project Analysis, Inc., the world’s leading consulting firm evaluating billion-dollar megaprojects of national and international oil, chemical, pharmaceutical, and major mineral companies, and benchmarking their cost, schedules, safety, startup, and operational performance. Before founding IPA in 1987, Merrow was a research analyst and later the director of the Energy Policy Program at the RAND Corporation.</p>
<p>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.</p> <p><i>Industrial Megaprojects</i> explains underlying causes of over-budgeted, delayed, and unsafe megaprojects. They destroy shareholder wealth and damage company reputations. Yet, current global economic needs are further complicating projects. Easily accessed resources have been depleted, national resource holders that control more easily developed oil and gas have driven oil companies into deeper water, and chemical companies seeking lower cost feedstocks need to exploit economies of scale. <p>For anyone who leads or finances big projects, for those who are concerned about the management of modern, publicly owned industrial corporations, and for those who teach others about how it should be done, this book delivers the critical information you need to ensure a safe and profitable future for megaprojects. Modern life depends on their success.

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