This webinar presents the results of a two-year research project funded by the Project Management Institute about the performance of megaprojects. Researchers conducted a systematic review of the megaproject management literature, in which over 6,000 scientific papers were analyzed to identify 18 causes and 54 solutions to address poor megaproject performance.
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Assurance reviews are essential to the overall good governance of major public projects and programs; in this webinar, we explore some of the challenges around framing and implementing assurance review recommendations during the life-cycle. PMI have funded a research study led by The University of Hull, which seeks to uncover how the treatment of assurance review data influences recommendations and the subsequent actions (or inactions) that arise, using a definitive set of data. During the webinar, we will discuss some of the implications arising from the findings of this study, explore suggestions for improving current assurance processes in practice and identify recommendations for future research.
How do project teams overcome differences to adopt a design plan that strikes a balance between short-term affordability and long-term adaptability? Hear how a formal framework for design flexibility on the front end encourages greater communication among project team members, helps avoid risks and reduce costs, and improves efficiency. While the uncertainties of the future will always be present, capital project teams can manage potential change more effectively by adopting these principals and designing for evolvability.