Project Management

Managing Uncertainty in Megaprojects

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59m 29s
Duration
1.00
PDUs
97,332
Views

Overview

Underperformance is a common threat to megaproject managers and the track record of cost and time overruns in these projects is well documented. While front end planning is important, not all events and scenarios can be foreseen when the project can take several years to complete and may involve many companies and stakeholders. In our research we find that the capacity to adapt to this uncertainty during the life of the project is crucial for megaproject performance but it is often overlooked as a capability.

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This video qualifies for the following PDUs:
 
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Acknowledgements: Kimberly Whitby and Derrick May

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