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

Donald R. Lessard (Author), Roger Miller (Author), Pascale Michaud (Contributor), Serghei Floricel (Contributor)

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Book Description

January 22, 2001 0262122367 978-0262122368 1st

As the number, complexity, and scope of large engineering projects (LEPs) increase worldwide, the huge stakes may endanger the survival of corporations and threaten the stability of countries 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 an LEP's success than are the more tangible aspects of project engineering and management.The book is based on an international research project that analyzed sixty LEPs, among them the Boston Harbor cleanup; the first phase of subway construction in Ankara, Turkey; a hydro dam on the Caroni River in Venezuela; and the construction of offshore oil platforms west of Flor, Norway. The authors use the research results to develop an experience-based theoretical framework that will allow managers to understand and respond to the complexity and uncertainty inherent in all LEPs. In addition to managers and scholars of large-scale projects, the book will be of interest to those studying the relationship between institutions and strategy, risk management, and corporate governance in general.Contributors Bjorn Andersen, Richard Brealey, Ian Cooper, Serghei Floricel, Michel Habib, Brian Hobbs, Donald R. Lessard, Pascale Michaud, Roger Miller, Xavier Olleros.


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About the Author

Roger Miller is Jarilowsky Professor of Technological Innovation and Competitiveness in the Department of Mathematics and Engineering at the École Polytechnique Montréal


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Inside This Book (learn more)
First Sentence:
Large engineering projects (LEPs), such as airports, urban-transport systems, oil fields, and power systems, constitute one of the most important business sectors in the world. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
building governability, breaker projects, engulfing illusions, entrepreneurial sponsors, nonrecourse project financing, competent sponsors, risk seminars, large network operators, executing firms, effective sponsors, sixty projects, shaping efforts, frame agreements, successful sponsors, large sponsors, project shaping, strategic scope, turnkey contracts, leading sponsor, institutional risks, shaping projects, large engineering projects, generative relationships, anticipated risks, strategic systems
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, United Kingdom, World Bank, Northumberland Strait Crossing, North America, North Sea, Monte Carlo, Third World, New Jersey, Private Finance Initiative, Rhode Island
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