{"product_id":"industrial-megaprojects-isbn-9781119893172","title":"Industrial Megaprojects","description":"\u003cp\u003e\u003cb\u003eThe most up-to-date edition of the bestselling text on megaprojects\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn the newly revised second edition of\u003ci\u003e Industrial Megaprojects Revisited: Concepts, Strategies, and Practices for Success, 2nd Edition\u003c\/i\u003e , 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.\u003c\/p\u003e \u003cp\u003eThis latest edition offers extensive new material on renewable energy and decarbonization projects, as well as:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eClear, nontechnical explanations of why major projects tend to get into trouble\u003c\/li\u003e \u003cli\u003eStrategies to avoid hazardous and costly errors in the high-stakes megaproject environment\u003c\/li\u003e \u003cli\u003eA comprehensive collection of tools, tips, principles, and frameworks to take a megaproject from start to finish without compromising on safety, blowing the budget, or exceeding the deadline\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAn essential resource for engineers and industry professionals and executives, \u003ci\u003eIndustrial Megaprojects\u003c\/i\u003e 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.\u003c\/p\u003e \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xi\u003c\/p\u003e \u003cp\u003eWhy Megaprojects Fail So Often— Seven Key Mistakes 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1 Success Is Elusive 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Megaprojects— Creators and Destroyers of Capital 11\u003c\/p\u003e \u003cp\u003e2 Data and Methods 25\u003c\/p\u003e \u003cp\u003e3 Project Outcomes and Trends 45\u003c\/p\u003e \u003cp\u003e4 The Roads to Ruin— The Mechanics of Failure (and Success) 71\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2 The Three Work Streams 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5 An Introduction to the Shaping Stream 101\u003c\/p\u003e \u003cp\u003e6 Shaping Step 1— Understand the Context 109\u003c\/p\u003e \u003cp\u003e7 The Next Steps— From Context Knowledge to Project Shape 135\u003c\/p\u003e \u003cp\u003e8 Devising the Shaping Strategy 169\u003c\/p\u003e \u003cp\u003e9 Basic Data Are Basic 207\u003c\/p\u003e \u003cp\u003e10 Project Definition— Getting the Front- End Right 235\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3 People Do Projects 297\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11 Megaprojects Teams 299\u003c\/p\u003e \u003cp\u003e12 Organizing Megaproject Teams 339\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4 Getting It Done 353\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e13 Contracting 355\u003c\/p\u003e \u003cp\u003e14 The Control of Execution Risk 407\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5 Finishing Up 435\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e15 Project Governance 437\u003c\/p\u003e \u003cp\u003e16 Focus on Success 449\u003c\/p\u003e \u003cp\u003eGlossary and Acronyms 459\u003c\/p\u003e \u003cp\u003eIndex 463\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eEDWARD W. MERROW\u003c\/b\u003e is the founder and CEO of Independent Project Analysis, Inc., the world’s leading evaluator of billion-dollar “megaprojects.” IPA benchmarks cost, schedules, safety, start-up, and operational performance with megaprojects, and determines whether they are competitive and whether their project management practices are likely to lead to success or failure.   \u003c\/p\u003e\u003cp\u003eOver half of large-scale construction projects, such as renewable energy installations, drilling platforms, chemical plants, and dams, have miserably poor results: billions of dollars in overruns, long delays in design and construction, and poor operability of plants once finally completed. In \u003ci\u003eIndustrial Megaprojects\u003c\/i\u003e, author, founder, and CEO of the world’s leading evaluator of billion-dollar “megaprojects” Edward Merrow delivers an accessible and authoritative discussion of why these problems occur and how to prevent and solve them, giving readers all the tools they need to ensure their project management practices lead to success. \u003c\/p\u003e\u003cp\u003eThis \u003ci\u003eSecond Edition \u003c\/i\u003eof the bestselling book on megaprojects includes extensive new material on renewable energy and decarbonization projects and explains the underlying causes of incompetently executed megaprojects, including poor project management, destructive team behaviors, weak accountability systems, an almost pathological focus on the short-term, and unwillingness to invest in deep technical expertise.  \u003c\/p\u003e\u003cp\u003eReaders will learn about Merrow’s Sorry Seven: seven critical mistakes, often masked with the bravado of “taking daring risks,” that he has seen most often in his 30 years of studying and consulting on these massive-in-scale projects. Most importantly, readers will learn how to avoid or address these pitfalls in the real world, with detailed insight on contracting for the engineering and construction services that will be essential to executing the megaproject, the control of risk in execution, the three streams of work that must be completed and synchronized successfully by the sponsoring companies to produce a successful project, and many other need-to-know topics. \u003c\/p\u003e\u003cp\u003eAn essential resource for engineers, industry professionals, and executives, the \u003ci\u003eSecond Edition \u003c\/i\u003eof \u003ci\u003eIndustrial Megaprojects \u003c\/i\u003eremains the gold standard on the subject. It also belongs in the libraries of finance and banking professionals who regularly fund these projects and seek to better understand them.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eAN UPDATED EDITION OF THE BESTSELLING BOOK ON MEGAPROJECTS\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eIndustrial Megaprojects\u003c\/i\u003e, 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. \u003c\/p\u003e\u003cp\u003eNew material in this \u003ci\u003eSecond Edition \u003c\/i\u003ehelps 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. \u003c\/p\u003e\u003cp\u003eThis 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. \u003c\/p\u003e\u003cp\u003eWritten by world-renowned megaproject consultant and evaluator Edward Merrow, \u003ci\u003eIndustrial Megaprojects \u003c\/i\u003eis an essential resource for engineers, industry professionals, and executives seeking to produce safe, cost-effective, on-time, and successful megaprojects.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989417738469,"sku":"NP9781119893172","price":80.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119893172.jpg?v=1761784025","url":"https:\/\/k12savings.com\/es\/products\/industrial-megaprojects-isbn-9781119893172","provider":"K12savings","version":"1.0","type":"link"}