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The Evaluation Of Complex Infrastructure Projects
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Book Synopsis The Evaluation of Complex Infrastructure Projects by : Lasse Gerrits
Download or read book The Evaluation of Complex Infrastructure Projects written by Lasse Gerrits and published by Edward Elgar Publishing. This book was released on 2018-06-29 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure projects are notoriously hard to manage so it is important that society learns from the successes and mistakes made over time. However, most evaluation methods run into a conundrum: either they cover a large number of projects but have little to say about their details, or they focus on detailed single-case studies with little in terms of applicability elsewhere. This book presents Qualitative Comparative Analysis (QCA) as an alternative evaluation method that solves the conundrum to enhance learning.
Book Synopsis Evaluating Infrastructure Project Planning and Implementation by : Stefan Verweij
Download or read book Evaluating Infrastructure Project Planning and Implementation written by Stefan Verweij and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Many evaluations of infrastructure projects rely on methods that ignore the complexity of the projects. Although case studies are attentive to project complexity, it is difficult to identify general patterns that would apply to a larger sample of projects. Qualitative comparative analysis is a method that preserves the complexity of projects and generates insights across cases. In this contribution, we discuss our experiences with using qualitative comparative analysis for the evaluation of the planning and implementation of complex infrastructure projects. We will provide a short introduction into the main properties of the method (complex causality, systematic comparison) as well as describe some of the main operations (calibration, truth table analysis, interpretation). This will serve to demonstrate why qualitative comparative analysis is a fitting evaluation method in project development and implementation. Next, we will show how we used the method in a research project that aimed to find out under what conditions unplanned events in the implementation of infrastructure projects were dealt with satisfactorily, that is, what it took to respond to these events in an apt manner. Based on our experiences, we will summarize main lessons learned for conducting qualitative comparative analysis proper and provide suggestions for further reading.
Book Synopsis Toward More Sustainable Infrastructure by : Carl D. Martland
Download or read book Toward More Sustainable Infrastructure written by Carl D. Martland and published by Wiley. This book was released on 2011-02-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Toward More Sustainable Infrastructure: Project Evaluation for Planners and Engineers provides readers a framework for understanding and evaluating infrastructure projects to improve their performance and sustainability, taking into account not only the financial and economic issues, but also the social and environmental impacts that affect the sustainability of infrastructure. Based on a course designed developed by the author over ten years at M.I.T., this text demonstrates how to apply the basic methods of engineering economics in evaluating major infrastructure projects and also demonstrates how these same techniques can be useful with many routine business and personal decisions. It introduces students to project management, system performance, concepts of sustainability, methods of engineering economics, and provides numerous case studies, examples, and exercises based upon real world problems. This text fills a void in the education of many planners and engineering students, namely an understanding of why major infrastructure projects are undertaken, how they are structured and evaluated, and how they are financed. Toward More Sustainable Infrastructure: Project Evaluation for Planners and Engineers prepares readers to evaluate projects based upon an appreciation of the needs of society, the potential for sustainable development, and recognition of the problems that may result from poorly conceived or poorly implemented projects and programs.
Book Synopsis Major Infrastructure Projects by : Edward Ochieng
Download or read book Major Infrastructure Projects written by Edward Ochieng and published by Bloomsbury Publishing. This book was released on 2017-09-16 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this unique and comprehensive textbook, the authors examine the challenges faced all around the world with regard to major infrastructure project management, and they champion a fresh approach that takes into account the interdependencies between economic, social, political, technological and legislative environments. Managing, developing and investing in crucial infrastructure is essential to keep up with the challenges of a fast-paced and globalised world, but affecting and overseeing change requires a deep understanding of complex interlocking systems. To this end the book is neatly divided into three key parts: project appraisal, maximising integrated supply chains, and implementing value-enhancing practices. This is the ideal companion for courses on any aspect of civil engineering and construction project management including modules in infrastructure planning, infrastructure management, construction management and business management. The book will also appeal to practitioners involved in the management of capital and infrastructure projects.
Book Synopsis Managing Large Infrastructure Projects by : Marcel Hertogh
Download or read book Managing Large Infrastructure Projects written by Marcel Hertogh and published by . This book was released on 2011-06 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication presents best practices and lessons learnt in the management and organisation of fifteen large infrastructure projects in Europe. This research has been executed as a research programme in the Sixth European Framework Programme (FP 6) of the European Union.
Book Synopsis Policy and Planning for Large Infrastructure Projects by : Bent Flyvbjerg
Download or read book Policy and Planning for Large Infrastructure Projects written by Bent Flyvbjerg and published by World Bank Publications. This book was released on 2005 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Managing Networks in Project-Based Organisations by : Stephen Pryke
Download or read book Managing Networks in Project-Based Organisations written by Stephen Pryke and published by John Wiley & Sons. This book was released on 2017-09-25 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book demonstrating how to apply the principles of social network analysis to managing complex projects This groundbreaking book gets project managers and students up to speed on state-of-the-art applications of social network analysis (SNA) for observing, analysing, and managing complex projects. Written by an expert at the leading edge of the SNA project management movement, it clearly demonstrates how the principles of social network analysis can be used to provide a smarter, more efficient, holistic approach to managing complex projects. Project managers, especially those tasked with managing large, complex construction and engineering projects, traditionally have relied upon analysis and decision-making based upon hierarchical structures and vaguely defined project systems, much of which is borrowed from historic scientific management approaches. However, it has become apparent that a more sophisticated methodology is required for observing project systems and managing relationships with today’s more knowledgeable and demanding clients. Social network analysis (SNA) provides just such an approach. Unfortunately, existing books on social network analysis are written primarily for sociologists and mathematicians, with little or no regard for the needs of project managers — until now. The first and only book of its kind, Managing Networks in Project-Based Organisations: Offers a framework and a fully-developed approach to applying SNA theory and methodologies to large, complex projects Describes highly effective strategies and techniques for managing the iterative and transient relationships between network-defining actor roles involved in the delivery of complex projects Uses numerous real-world examples and case studies of successful applications of SNA to large-scale construction and engineering projects around the world Draws on its author’s decades of experience managing complex projects for demanding clients, as well as his extensive academic research in Project Management Managing Networks in Project-Based Organisations is an important working resource for project management professionals and consultants, especially those serving the construction and engineering industries. It is also an excellent text/reference for postgraduate students of project management and supply chain management, as well as academic researchers of project management.
Book Synopsis Decision-making on Mega-projects by : Hugo Priemus
Download or read book Decision-making on Mega-projects written by Hugo Priemus and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: It will be useful for those experienced and senior professionals who are charged with authorizing and controlling projects. Recommended. P.F. Rad, Choice Building on the seminal work of Bent Flyvbjerg, this book is a collection of expert contributions that will prove essential to anyone wanting to understand why mega-projects go wrong and how they can be made to work better. Professor Sir Peter Hall, University College London, UK This book offers a refreshing and fascinating look at mega-projects from the perspective of public evaluation and planning. With the changing role of the public sector in planning and implementing large-scale projects and a subsequent strong emergence of private public modes of operation, mega-projects have become a problematic phenomenon. This volume is a major source of information and reference. It provides the reader with unique insights and caveats in mega-projects planning. Peter Nijkamp, VU University Amsterdam, The Netherlands This book enlarges the understanding of decision-making on mega-projects and suggest recommendations for a more effective, efficient and democratic approach. Authors from different scientific disciplines address various aspects of the decision-making process, such as management characteristics and cost benefit analysis, planning and innovation and competition and institutions. The subject matter is highly diverse, but certain questions remain at the forefront. For example, how do we deal with protracted preparation processes, how do we tackle risks and uncertainties, and how can we best divide the risks and responsibilities among the private and public players throughout the different phases of the project? Presenting a state-of-the-art overview, based on experiences and visions of authors from Europe and North America, this unique book will be of interest to practitioners of large-scale project management, politicians, public officials and private organisations involved in mega-project decision-making. It will also appeal to researchers, consultants and students dealing with substantial engineering projects, complex systems, project management and transport infrastructure.
Book Synopsis Measuring and Improving Infrastructure Performance by : National Research Council
Download or read book Measuring and Improving Infrastructure Performance written by National Research Council and published by National Academies Press. This book was released on 1995-01-01 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The nation's physical infrastructure facilitates movement of people and goods; provides safe water; provides energy when and where needed; removes wastes; enables rapid communications; and generally supports our economy and quality of life. Developing a framework for guiding attempts at measuring the performance of infrastructure systems and grappling with the concept of defining good performance are the major themes of this book. Focusing on urban regions, within a context of national policy, the volume provides the basis for further in-depth analysis and application at the local, regional, state, and national levels.
Book Synopsis Real Options Theory by : Jeffrey J. Reuer
Download or read book Real Options Theory written by Jeffrey J. Reuer and published by Emerald Group Publishing. This book was released on 2007-07-05 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the ways in which real options theory can contribute to strategic management. This volume offers conceptual pieces that trace out pathways for the theory to move forward and presents research on the implications of real options for strategic investment, organization, and firm performance.
Book Synopsis The Infrastructure Finance Challenge by : Ingo Walter
Download or read book The Infrastructure Finance Challenge written by Ingo Walter and published by Open Book Publishers. This book was released on 2016-11-21 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.
Book Synopsis Project Evaluation Essays and Case Studies by : Carl D. Martland
Download or read book Project Evaluation Essays and Case Studies written by Carl D. Martland and published by Createspace Independent Publishing Platform. This book was released on 2016-11-11 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based primarily upon materials prepared between 1997 and 2010 by Carl D. Martland for "1.011 Project Evaluation", a required course within MIT's Department of Civil & Environmental Engineering that he designed, developed, and taught for many years. It is structured to be of interest to anyone interested in infrastructure systems, especially engineers, planners and managers who design, build and operate such systems. The book may also be of interest to students in planning or engineering who are interested in transportation, water resources, energy, city planning, or real estate development.
Book Synopsis Mastering the Risky Business of Public-Private Partnerships in Infrastructure by : Manal Fouad
Download or read book Mastering the Risky Business of Public-Private Partnerships in Infrastructure written by Manal Fouad and published by International Monetary Fund. This book was released on 2021-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.
Book Synopsis Megaproject Risk Analysis and Simulation by : Prince Boateng
Download or read book Megaproject Risk Analysis and Simulation written by Prince Boateng and published by Emerald Group Publishing. This book was released on 2017-04-28 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing new knowledge on risk analysis and simulation for megaprojects, this book is essential reading for both academics and practitioners. Its focus is on technical descriptions of a newly developed dynamic systems approach to megaproject risk analysis and simulation.
Book Synopsis Complex Infrastructure Projects by : Anthony Holmes
Download or read book Complex Infrastructure Projects written by Anthony Holmes and published by Harriman House Limited. This book was released on 2014-10-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure projects represent one of the largest asset classes globally with the estimated cost of potential new projects planned to 2030 totalling US$70 trn. The sector splits into social infrastructure which is the group of projects that support urban living and economic infrastructure that, following the recession that began 2007/8, has become the global economic methodology du jour to stimulate economic growth. However, unless the host state has surplus financial resources, as has China and the Gulf states, large scale investment may be not be affordable given the capacity constraints and fragility of the international capital markets. Moreover the majority of large complex infrastructure projects are delivered late and over budget. Whatever the initial estimates and plans, sponsors face project distress usually in the last quarter of the development with budget increases ranging from 40% to over 100%. Many major projects are socially necessary but sponsors will fail if they persist in trying to attract investment by pretending that projects are financially viable using the criteria employed by commercial concerns. A new methodology is required. This book explores the reasons these large projects rarely conform to their original plan and what can be done about it. It also examines how the trend to greater complexity will exacerbate this problem unless a new methodology is adopted. The book concludes that unless more realism is introduced developed nations will be unable to renew their infrastructure and developing nations will not be able to establish the foundation of a modern economy. The author is a director of the Institute for Infrastructure Studies and consults globally.
Book Synopsis Industrial Megaprojects by : Edward W. Merrow
Download or read book Industrial Megaprojects written by Edward W. Merrow and published by John Wiley & Sons. This book was released on 2011-05-03 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis A Research Agenda for Public–Private Partnerships and the Governance of Infrastructure by : Hodge, Graeme A.
Download or read book A Research Agenda for Public–Private Partnerships and the Governance of Infrastructure written by Hodge, Graeme A. and published by Edward Elgar Publishing. This book was released on 2022-04-21 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Research Agenda examines the ways in which public–private partnerships (PPPs) in infrastructure continue to excite policy makers, governments, research scholars and critics around the world. It analyzes the PPP research journey to date and articulates the lessons learned as a result of the increasing interest in improving infrastructure governance. Expert international contributors explore how PPP ideas have spread, transferred and transformed, and propose a range of future research directions.
