This book’s core focus is on how to lead megaprojects, concept to success, using a tailored approach.
We will introduce the fundamentals and vital concepts for the tailored approach in the first part of the book, then follow it with a simulation of a realistic project in the second part. However, before presenting the tailored approach and the simulation, the book addresses the current reality and the challenges of the megaproject management practice.
Our discussions emphasize a project life cycle (PLC) model to lead megaprojects from concepts to closure (concept to success), which makes this book’s focus ideal for project owners. This owners’ PLC focus is critical because (1) the success and failure of megaprojects start with the project owner in the discovery phase of a project; and (2) there are not enough resources covering projects from concept to closure. Even the numerous postgraduate programs from leading universities are focused on engineering or construction management—that is, the implementation (execution) phase of capital projects. Further, the emphasis on the project owners is that these organizations are the ones that launch the projects and will own their products to generate the benefits from the produced asset. In this context, a project owner could be a private or public entity.
Although this book is ideal for project owners and their executives, senior managers, and project teams, it is highly valuable for all other organizations involved in projects, including engineering, construction, and project/construction management companies. Another message to stress at this time is that this book is also suitable for all industries that handle large and complex projects, so do not let the title of megaprojects intimidate you into believing it is limited to engineering and construction.