AN UPDATED EDITION OF THE BESTSELLING BOOK ON MEGAPROJECTS
In Industrial Megaprojects, author, founder, and CEO of the world’s leading evaluator of billion-dollar “megaprojects” Edward Merrow provides expert insight on how project management practices lead to success in megaproject development and help prevent all-too-common overruns and delays. This book offers clear, nontechnical explanations of why major projects tend to get into trouble, with a comprehensive collection of tools, tips, principles, and frameworks to take a megaproject from start to finish.
New material in this Second Edition helps readers navigate the modern megaproject landscape, discussing sustainability in the forms of renewable energy and decarbonization, along with desirable attributes of modern project organization techniques to support megaprojects.
This book also delves into the critical role of governance in making successful projects, commonly seen hazardous and costly errors in recent megaprojects, technical expertise requirements to ensure efficient function of plants once work is completed, and more, with case studies showcasing how megaprojects can fail and succeed included throughout the text.
Written by world-renowned megaproject consultant and evaluator Edward Merrow, Industrial Megaprojects is an essential resource for engineers, industry professionals, and executives seeking to produce safe, cost-effective, on-time, and successful megaprojects.
The most up-to-date edition of the bestselling text on megaprojects
In the newly revised second edition of Industrial Megaprojects Revisited: Concepts, Strategies, and Practices for Success, 2nd Edition , veteran megaproject valuator Edward Merrow delivers an accessible and authoritative discussion of why megaprojects frequently go over budget, past their deadlines, or result in safety compromises. You’ll explore project management deficiencies, destructive team dynamics, weak accountability systems, short-term biases, and technical expertise gaps and, more importantly, learn how to avoid or address these pitfalls in the real world.
This latest edition offers extensive new material on renewable energy and decarbonization projects, as well as:
An essential resource for engineers and industry professionals and executives, Industrial Megaprojects remains the gold standard on the subject. It also belongs in the libraries of finance and banking professionals who regularly fund these projects, and academics who research them.