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Let me start with a few notes and clarifications. We define megaprojects as massive projects with capital costs around US$1 billion and a high level of complexity. Industrial megaprojects seem to perform better than infrastructure megaprojects. However, at best, what we have seen reported is a 35% success rate on the high end and as...

How to lead large and complex (mega) projects to success?

This post is specific to Executives, especially those leading Project Owners’s Organizations. How to lead large and complex (mega) projects to success? How you can minimize the chance of delays and overruns and maximizing value to your shareholders? In a recent article, we wrote and recorded video on why project owners organizations are afraid of project management....