The Oxford Handbook of Megaproject Management
- Abhinav Kumar Gupta
- Oct 28, 2020
- 1 min read
The topic of this book is fascinating. The first surprising realization is that how critical Mega Projects are to Global economy yet how often these are treated as regular projects. No wonder the success rate of such Mega projects is dismal. Most projects go over budget, are delayed as well as have less than the projected impact.
The book provides the full context and examples of issues as well as possible cures to better manage such Mega Projects.
Another fascinating discussion in the book pertains to the myth of "Hiding hand". The mistaken belief that since we underestimate both the risks as well as our creativity to resolve the risks - the mega projects end up delivering larger benefits. This myth is deconstructed and analyses thoroughly which makes it an interesting read.
As this is a collection of academic papers - the language and the pace at times is too scholarly which may put off the average reader.
Great read but only for highly motivated readers.
You may purchase the book from affiliate link here: The Oxford Handbook of Megaproject Management
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