Sustainability and Megaproject Development

Sustainability and Megaproject Development
Author: Franca Cantoni,Edoardo Favari
Publsiher: Taylor & Francis
Total Pages: 215
Release: 2022-07-08
Genre: Business & Economics
ISBN: 9781000638370

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Megaprojects, also referred to in the literature as Large Engineering Projects or Major Projects, are generally defined as large-scale investment initiatives worth 1b€/$ or more and, facing similar problems independent of the country where they are implemented and the industry they belong to. The common feature of most megaprojects is that they are difficult to design and manage so that their realization and completion is always extremely expensive, often over budget and delivery deadlines also are not met. In the worst-case scenario, they remain unfinished. This book, through its multidisciplinary approach, offers food for thought and alternative interpretations for the complex world of megaprojects. While much research has been conducted and differing approaches have been developed over the last 20 years, there is still a lot of debate surrounding the topic, and a holistic approach for effectively managing these initiatives is still missing. What is clear to all researchers and experts in the field is that a traditional-linear management approach is simply not sufficient, as at many stages of a megaproject, iterative and feedback effect occurs due to stakeholder involvement and increasing and continuous interaction between them. The book promotes the debate among all categories of stakeholders involved in the megaproject’s supply chain, in order to increase the awareness of complex phenomena relating to the critical issues and common problems they face, all over the world, and to seek performance improvement across the whole life cycle of a megaproject, including the selection, design, construction, operation and de- commissioning.The multidisciplinary approach cultivated in the book conveys an innovative way to study megaprojects and their inherent complexities.

Complexity and Sustainability in Megaprojects

Complexity and Sustainability in Megaprojects
Author: Edoardo Favari,Franca Cantoni
Publsiher: Springer Nature
Total Pages: 341
Release: 2023-05-31
Genre: Science
ISBN: 9783031308796

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This book showcases the discussion about megaprojects carried out at the MeRIT (Megaproject Research Interdisciplinary Team) workshop 2022: the crisis, discontinuity, rising prices, and supply chains disruption force radical reflection for those involved in megaprojects. It raises a modern-day challenge, the creation of value for stakeholders. Indeed, the aim of the volume is to encourage readers to think more broadly, articulately and less stringently than the mainstream claims. There is a need to design, implement, and manage megaprojects by abandoning the old paradigm that leveraged solely on time and cost. We need to move beyond that by going to explore the value generated, the positive impact on people, communities and territories. Economic, social and environmental sustainability takes on a new and broader articulation: issues of the circular economy applied to megaprojects are addressed and ample space is ensured for the inclusion of social needs in current practices.

Megaproject Management

Megaproject Management
Author: Edoardo Favari,Franca Cantoni
Publsiher: Springer Nature
Total Pages: 132
Release: 2020-05-20
Genre: Technology & Engineering
ISBN: 9783030393540

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The book investigates the various aspects characterizing Megaprojects from numerous perspectives and by integrating different disciplines: engineering, economics, business organization, human resource management, law, etc. It represents the first output of MeRIT (the Megaproject Research Interdisciplinary Team), and focuses on the intrinsic and unavoidable complexity of Megaprojects. The chapters have intentionally not been standardized, and humanistic topics are not separated from technical ones: this way of reading and interpreting Megaprojects through the cross-pollination of various disciplines reflects the MeRIT approach. Addressing the complexity involved in Megaprojects requires the use of a hermeneutic circle of sorts: understanding the project as a whole is achieved by referring to the specific parts, while each part can only be understood in relation to the whole. This circular approach appears to be the only one applicable to Megaprojects: no final destination, no final synthesis can be achieved. This volume consists of eight chapters written by researchers in law, economics, sociology, business organization, engineering, architecture and landscaping. The topics covered will be relevant to researchers, practitioners involved in the development of Megaprojects, and policymakers at the EU level.

Sustainable Management of Transnational Megaprojects

Sustainable Management of Transnational Megaprojects
Author: Dario Cottafava,Daniel Torchia,Stefania Camoletto,Laura Corazza
Publsiher: Taylor & Francis
Total Pages: 126
Release: 2024-04-04
Genre: Business & Economics
ISBN: 9781040045114

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This book analyses the seminal role of megaprojects for sustainable development, and the related, complex challenges they bring. It provides insights into the growing social responsibilities that megaprojects have, not only to be environmentally sustainable, but also towards the multitude of stakeholders involved, whether directly or indirectly. After an historical overview of the increasingly necessary links between sustainable infrastructure and megaprojects, the book builds on and applies stakeholder theory to stakeholder engagement and management in megaprojects. It also emphasizes the importance of building impact assessment frameworks that consider the unheard voices that are often passively sitting at the receiving end of a megaproject, as well as the local context where the megaproject is embedded. The book then proceeds to analyse the case of a very contested transnational railway megaproject between Italy and France, the Turin-Lyon high-speed railway, which has been suffering from stakeholder and communication issues for over thirty years, as well as from notable managerial and legal differences in the two countries. In this way, the book informs both theory and practice and encourages scholarly interventions into wicked problems. It contains a comprehensive review of the academic literature on the sustainability, sustainability challenges, and sustainability reporting of megaprojects. Conceptual models, frameworks and future research opportunities are provided to clarify the empirical challenges and highlight the gaps and opportunities to be explored by researchers and practitioners in future. The audience for the book is both academic researchers and practitioners in the field of megaprojects and more specifically, those dealing with managing transnational megaprojects. It also includes several topics that will be of interest to policy and decision-makers.

Sustainable Management of Transnational Megaprojects

Sustainable Management of Transnational Megaprojects
Author: Dario Cottafava,Laura Corazza,Stefania Camoletto,Daniel Torchia
Publsiher: Unknown
Total Pages: 0
Release: 2024
Genre: Business & Economics
ISBN: 9791221104721

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The Oxford Handbook of Megaproject Management

The Oxford Handbook of Megaproject Management
Author: Bent Flyvbjerg
Publsiher: Oxford University Press
Total Pages: 625
Release: 2017
Genre: Business & Economics
ISBN: 9780198732242

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This handbook provides state-of-the-art scholarship in the emerging field of megaproject management. The 25 chapters cover all aspects of megaproject management, from front-end planning to actual project delivery, including how to deal with stakeholders, risk, finance, complexity, innovation, governance, ethics, project breakdowns, and scale itself.

Environmental Management in Mega Construction Projects

Environmental Management in Mega Construction Projects
Author: Jianming Yang
Publsiher: Springer
Total Pages: 329
Release: 2017-02-13
Genre: Technology & Engineering
ISBN: 9789811036057

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This book discusses environmental management and construction management approaches to the environmental problems that can emerge in construction projects. It sets a brand new standard for environmental management in mega construction projects in China and helps all construction project stakeholders establish a more compliant and efficient environmental management system. The authors systematically explore management systems and team management, offering managerial methods and tips based on international and Chinese practices. Outlining all the environmental challenges that can arise during construction, it is a valuable resource for company owners, construction contractors, and construction management consultants and companies. It also offers useful insights for engineers, project managers and project executives.

Socioeconomic Evaluation of Megaprojects

Socioeconomic Evaluation of Megaprojects
Author: Markku Lehtonen,Pierre-Benoît Joly,Luis Aparicio
Publsiher: Taylor & Francis
Total Pages: 264
Release: 2016-11-22
Genre: Business & Economics
ISBN: 9781317222071

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The governance and evaluation of ‘megaprojects’ – that is, large-scale, complex, high-stakes infrastructure projects usually commissioned by governments and delivered through partnerships between public and private organisations – is receiving increased attention. However, megaproject evaluation has hitherto largely adopted a linear-rationalist perspective to explain the frequent failure of such projects to meet the ‘iron triangle’ of performance criteria: delivering on time, within budget, and according to specifications. This approach recommends greater control and accountability to remedy megaproject ‘pathologies’. Drawing on empirical examples mainly from the transport sector and radioactive waste disposal, this book offers new perspectives to megaproject evaluation. Comprising contributions from leading experts in project evaluation and appraisal, this collection opens up new avenues by suggesting two ways of improving megaproject evaluation: 1) approaches that go beyond the dominant linearrationalist notion of policy processes, and emphasise instead the objective of opening up appraisal processes in order to enhance learning and reflexivity; and 2) approaches that extend evaluative criteria beyond the ‘iron triangle’, to cover the various socioeconomic impacts and preconditions for project success. This volume will be of great relevance to scholars and practitioners with an interest in megaprojects, energy and climate policy, radioactive waste management, urban design, and project planning and management.