Reasons why megaprojects fail

Science Daily  February 14, 2020
Megaprojects are the delivery model used to produce large-scale, complex, and one-off capital investments in a variety of public and private sectors. With a total capital cost of US$1 billion or more, megaprojects are extremely risky ventures, notoriously difficult to manage, and often fail to achieve their original objectives. Researchers in the UK reviewed and analyzed 6,007 titles and abstracts and 86 full papers, identifying a total of 18 causes and 54 cures to address poor megaproject performance. They suggest five avenues for future research that should consider examining megaprojects as large-scale, inter-organizational production systems: (1) designing the system architecture; (2) bridging the gap with manufacturing; (3) building and leading collaborations; (4) engaging institutions and communities; and (5) decomposing and integrating the supply chain…read more. Open Access TECHNICAL ARTICLE

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