Giant Projects often end in giant failures. From the ancient tower of Babel to the recent Transrapid train, giant projects stumble from crisis to crisis. Based on an analysis of the technical, time, and financial goals from case studies (Olympic Games, university hospitals, and a huge wind energy converter), four success factors in managing giant projects are identified: Formulation and change of goals, basic configuration, socio-political environment, and management structure and capacity. The book focuses on the crucial role of the project owner and the relations among the four success factors. It offers recommendations and guidance on successfully completing giant projects to owners, project managers and contractors.

Inhalt

A New Challenge for Project Management: Big Projects - Big Problems; Approaches to Research on MOEs.- Goal Achievement: Technical Goals; Time Goals; Financial Goals; Overall Performance.- Success Factors: Strategies for Selecting Success Factors; Formulation and Change of Goals; Basic Design; Socio-Political Environment; Management Structure and Management Capacity; Success Factors and Goal Achievement.- Case Studies: The Olympic Summer Games 1972 in Munich; The Olympic Winter Games 1980 in Lake Placid; The University Hospital Vienna; The University Hospital Munich; The Large Energy Converter GROWIAN.- Conclusion: Lessons for the Future.