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What is considered a MegaProject?



What is considered a MegaProject? Can a MegaProject be turned into a more controlled Program instead?
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While reading the Project Management Journal I saw an article on megaprojects—projects of enormous scope with associated increases in benefits, complexity, risks, and resources. Megaprojects tackle “powerful economic, social and symbolic roles in society” (Flyvbjerg, 2014).

Can a MegaProject be turned into a more controlled Program instead?



Probably in the $Billions of dollars, not to mention other criteria such as size, complexity and timeline.



^Sante, reading your comment makes me think of two things; someone in a leadership role atm, and Austin Powers :)

Could be the Mega spans organizations and their own programs. Plus, the term 'Mega' likely garners more respect, and intrigue, and ultimately probably more buy-in and funding.



Programs are not large projects. A very large project may be referred to as a megaproject. As a guideline, megaprojects cost US$1billion or more, affect 1 million or more people, and run for years."
This statement is as per Guide to PMBOK 6th edition.
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1 reply by George Lewis
Feb 04, 2018 9:51 AM
George Lewis
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Najam - correctly, remember the objective of this forum is also to discuss. You and I may know what a concept is but others may not. Also sometimes you may have an idea wrong, and this forum helps to clarify.

Correct "a very large project may be referred to as a megaproject" and "programs are not large projects" (PMI, 2017)

Thanks for your input.



Feb 04, 2018 8:11 AM
Replying to Najam Mumtaz
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Programs are not large projects. A very large project may be referred to as a megaproject. As a guideline, megaprojects cost US$1billion or more, affect 1 million or more people, and run for years."
This statement is as per Guide to PMBOK 6th edition.
Najam - correctly, remember the objective of this forum is also to discuss. You and I may know what a concept is but others may not. Also sometimes you may have an idea wrong, and this forum helps to clarify.

Correct "a very large project may be referred to as a megaproject" and "programs are not large projects" (PMI, 2017)

Thanks for your input.



George -

My belief is the term megaproject itself is misleading as all the ones I've read about were run as programs with multiple individual integrated projects.

Cost alone is not a determinant of a megaproject - overall size (duration, effort, cost, resources, number of stakeholders) and complexity would be better attributes.

Kiron
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1 reply by George Lewis
Feb 04, 2018 2:09 PM
George Lewis
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Kiron - in deep, this concept could be confusion. After all, it's just another project, follows the same rules.

Just a thought.



Kiron is spot on to the attributes that characterize megaprojects - program of multiple multi-million dollar projects. Adding to Kiron's list: Number of project packages. Number of contracts/contractors. Number of project interfaces. Organizational structure and number of individual companies. Number and complexity of management processes and procedures.



Feb 04, 2018 10:52 AM
Replying to Kiron Bondale
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George -

My belief is the term megaproject itself is misleading as all the ones I've read about were run as programs with multiple individual integrated projects.

Cost alone is not a determinant of a megaproject - overall size (duration, effort, cost, resources, number of stakeholders) and complexity would be better attributes.

Kiron
Kiron - in deep, this concept could be confusion. After all, it's just another project, follows the same rules.

Just a thought.



Andrew, Dr. Evil would be better suited for Mega projects.



One would think mega project is a project that is worth a billion or more. So many other factor are involved like the value, manpower, technilogy, size of equipment, etc. Not only the cost or value determines if it is a mega project or not.
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