The Strategic Management of Large Engineering Projects: Shaping Institutions, Risks, and Governance

The Strategic Management of Large Engineering Projects: Shaping Institutions, Risks, and Governance
by: Roger Miller (Author),Donald R. Lessard(Author),Serghei Floricel(Author)&1more
Publisher: Mit Pr
Edition: First Edition
Publication Date: 2001/1/22
Language: English
Print Length: 237 pages
ISBN-10: 0262122367
ISBN-13: 9780262122368
Book Description
As the number, complexity, and scope of large engineering projects (LEPs) increaseworldwide, the huge stakes may endanger the survival of corporations and threaten the stability ofcountries 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 anLEP's success than are the more tangible aspects of project engineering and management.The book isbased on an international research project that analyzed sixty LEPs, among them the Boston Harborcleanup; the first phase of subway construction in Ankara, Turkey; a hydro dam on the Caroni Riverin Venezuela; and the construction of offshore oil platforms west of Flor, Norway. The authors usethe research results to develop an experience-based theoretical framework that will allow managersto understand and respond to the complexity and uncertainty inherent in all LEPs. In addition tomanagers and scholars of large-scale projects, the book will be of interest to those studying therelationship between institutions and strategy, risk management, and corporate governance ingeneral.Contributors Bjorn Andersen, Richard Brealey, Ian Cooper, Serghei Floricel, Michel Habib,Brian Hobbs, Donald R. Lessard, Pascale Michaud, Roger Miller, Xavier Olleros.
About the Author
As the number, complexity, and scope of large engineering projects (LEPs) increaseworldwide, the huge stakes may endanger the survival of corporations and threaten the stability ofcountries 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 anLEP's success than are the more tangible aspects of project engineering and management.The book isbased on an international research project that analyzed sixty LEPs, among them the Boston Harborcleanup; the first phase of subway construction in Ankara, Turkey; a hydro dam on the Caroni Riverin Venezuela; and the construction of offshore oil platforms west of Flor, Norway. The authors usethe research results to develop an experience-based theoretical framework that will allow managersto understand and respond to the complexity and uncertainty inherent in all LEPs. In addition tomanagers and scholars of large-scale projects, the book will be of interest to those studying therelationship between institutions and strategy, risk management, and corporate governance ingeneral.Contributors Bjorn Andersen, Richard Brealey, Ian Cooper, Serghei Floricel, Michel Habib,Brian Hobbs, Donald R. Lessard, Pascale Michaud, Roger Miller, Xavier Olleros. Read more