Managing Infrastructure Projects


Book Description

This book is about managing the infrastructure development cycle from project initiation to the end of the operation and maintenance phase. It focuses on the Public-Private Partnership (PPP) contract and, from this perspective, private and public sector procurement are variations.Designed for students from different backgrounds such as information technology, business, architecture, quantity surveying, urban planning, project management, engineering, construction, facilities management, transport, finance, economics, and law, the book provides a structured guide to these diverse students as well as researchers, public officials, project sponsors, lenders, developers, contractors, subcontractors, suppliers, investors, infrastructure fund managers, insurers, facilities managers, non-government organizations, and consultants such as designers, engineers, environmental specialists, legal advisors, and brokers.The book presents general principles that are applicable in different countries, particularly in the developing world where markets and other institutions are less developed and uses examples to clarify ideas.




Large Infrastructure Projects in Germany


Book Description

This book presents an analysis of why some large infrastructure projects are delayed or compromised and offers important insights into the better delivery of future projects. It provides an important reaction to the ambitious €315 billion investment plan devised by the European Commission, wherein Europe's infrastructure is a key investment target. Germany is adopted as a focus, as Europe's largest economy, and a nation that has seen significant delays and tensions in the delivery of key infrastructure projects. The contributions to this volume demonstrate various patterns for infrastructure assets and illustrate how factors such as poor project governance, early planning mistakes, inappropriate risk management and unforeseen technological challenges influence delivery. The in-depth case studies on the Berlin Brandenburg Airport, the Hamburg Elbphilharmonie, and offshore wind parks show how project delivery can face massive problems, and illuminating solutions are offered to these problems. Overall, the case of Germany also offers the opportunity to assess various new forms of project delivery, such as public-private partnerships (PPP), and the risks and opportunities of ambitious first-mover 'pioneer' projects. The book will be of great interest for scholars and upper-level students of human geography, business and management, as well as policy makers.







Large-Scale Construction Project Management


Book Description

A majority of large-scale construction and major infrastructure projects are funded by public funds from taxpayers. However, these projects are often subject to severe delays and cost overruns. Large-Scale Construction Project Management: Understanding Legal and Contract Requirements introduces integrated approaches to project management and control mechanisms to effectively manage large-scale construction projects. It explains the contractual requirements and associated legal principles under the latest edition of the leading standard forms of contracts, including FIDIC 2017, NEC4, and JCT 2016. It explains integrated project governance regarding time, cost, risk, change, contract management, and more. Further, it discusses the legal issues of scheduling delays and disruptions regarding the Delay and Disruption Protocol (Society of Construction Law) as well as Forensic Schedule Analysis guidance (American Association of Cost Engineering). Features: Provides strategies to effectively resolve disputes during construction projects Examines Quantitative Schedule Risk Analysis (QSRA) and Quantitative Cost Risk Analysis (QCRA) Introduces the most recent software and techniques used in managing large-scale construction projects This book serves as a useful resource for project control and management professionals, researchers in construction management and project management, and students in building construction management and project management.




Operation and Maintenance of Large Infrastructure Projects


Book Description

Major Infrastructure links across water represent large investments. The structures and systems must be optimised to keep costs in control. Optimisation needs and the tendancy to more slender and light structures imply that engineering disciplines like Bridge Aerodynamics and Ship Collision Analysis have an increasing impact on the overall design of links. Also the attention to life cycle costs implies Operation and Maintenance must to investigated and planned in parallel to the design and construction of the links. The 1998 International Symposium aims at presenting state-of-the-art and future development within the three mentioned engineering disciplines. Exploring the many facets of major infrastructure projects, this symposium concentrated on developments within organisational, strategic and policy areas and both traffic and o & m management. Contributors to the papers include operators, consultants and international, experienced owners.




Managing Engineering Processes in Large Infrastructure Projects


Book Description

Project managers are often scolded and crucified for the massive overruns plaguing their megaprojects. While some project managers may deserve the blame, a closer look would reveal that many competent ones are bearing the brunt of the failure, not of Project Management as such, but of Engineering Management. Project management experts would eventually concede that once the engineering team loses control over the ‘technical content’, you can no longer control the time or money spent on it. Engineering mistakes and other “design discrepancies” always breed overruns in projects, and poor performance in subsequent operations, because those design errors will cause difficulties during construction and engender recurring malfunctions in operations. No cost and schedule management tools or weekly status reports can prevent or remedy those situations. Therefore, proceeding from the Systems Thinking approach, this book discusses the causes of, and explores methods that address, such insidious predicaments. It examines topics ranging from stakeholders’ needs and requirements to how they ought to be translated into functions so that they may be performed by the systems under development. Design and development processes and methods, as well as their generic outputs and respective lifecycle implications, are also discussed based on practical, real-life examples.




How to Manage Project Stakeholders


Book Description

This book outlines how to identify stakeholders, analyse theirs stakes, and plan and implement an engagement strategy to secure relevant input and dependable buy-in to assure the successful delivery of Large Infrastructure Projects. It also addresses common stakeholder management "inadequacies" and is supplemented with four extended practical exercises to help readers apply the principles to their own large, complex projects and ensure project success. The project management industry, particularly the Large Infrastructure Projects domain, has only recently awakened to the reality that failed Stakeholder Management probably leads to a failure of the project altogether. Due to the complexities involved, most traditional approaches to managing stakeholders have developed serious difficulties in dealing with large and complex projects. This book presents a Systems Thinking approach to managing stakeholders that accommodates these complexities and seeks to crystallise the notion that "managing projects means managing stakeholders", while also introducing an ethical perspective (i.e., stakeholders have legitimate rights regardless of their power to influence the project). This shifts the paradigm from "Management of Stakeholders" to "Management for Stakeholders". It is essential reading for all those involved with managing large projects including project managers, sponsors, and executives. It will also be useful for advanced students of project management and systems engineering looking to understand and expand their knowledge of infrastructure projects and Systems Engineering.




Industrial Megaprojects


Book 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.




Policy and Planning for Large Infrastructure Projects


Book Description

Abstract: "This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformation is massive cost overruns, benefit shortfalls, and waste. Second, the paper explores the causes of misinformation and finds that political-economic explanations best account for the available evidence: planners and promoters deliberately misrepresent costs, benefits, and risks in order to increase the likelihood that it is their projects, and not the competition's, that gain approval and funding. This results in the "survival of the unfittest," where often it is not the best projects that are built, but the most misrepresented ones. Finally, the paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning methods and changed governance structures, the latter being more important."--World Bank web site.




The Strategic Management of Large Engineering Projects


Book Description

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