Megaprojects and Risk: An Anatomy of Ambition

By J. F. Woodward. Perspectives on Politics, 2004

1,921 citations recorded by the source corpus.

Subfields: Management Science and Operations Research, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/8f2a76361dc0113c74dcb5d3f89d65859bbcbd1a

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In Management Science and Operations Research

In Sociology and Political Science

Citations in the corpus

Relational factors in owner–contractor collaboration: The mediating role of teamworking (2015, background): “Cost overruns and time delays in large complex projects are persisting over time (Flyvbjerg, 2011; Flyvbjerg et al., 2003; Merrow, 2011; Miller and Lessard, 2000; Morris and Hough, 1987).”
Should We Build More Large Dams? The Actual Costs of Hydropower Megaproject Development (2014, background): “sychologist Daniel Kahneman the Nobel Prize in economics in 2002 (Kahneman and Tversky, 1979a, 1979b; Kahneman, 1994) extended and applied by Bent Flyvbjerg and colleagues to infrastructure projects (Flyvbjerg et al., 2003; Flyvbjerg, 2009). We present statistical and comparative evidence from the l”
Managing global megaprojects: Complexity and risk management (2013, background): “The impact may be transnational, occurring over a long-term period, affecting multiple generations, and impacting the economy, civil society and the natural environment (Flyvbjerg et al., 2003; Kipp, Riemer, & Wiemann, 2008; Warrack, 1993).”
Toward a unified theory of project governance: economic, sociological and psychological supports for relational contracting (2012, background): “…government officials who seek to take credit for launching ambitious new projects to underestimate total costs and overestimate total benefits consistently (Perkins, 2004) saddling future counterparties—particularly future users and/or taxpayers— with enormous liabilities (Flyvbjerg et al., 2003).”
Perception of risks in renewable energy projects: The case of concentrated solar power in North Africa (2012, background): “…Africa and its further transmission to Europe require not just large projects, but indeed so-called ‘‘mega projects,’’ typically costing more than US$ 1 billion and attracting public attention because of their substantial impact on communities, budgets, and the environment (Flyvbjerg et al., 2003).”
Cost Overruns in Large-scale Transportation Infrastructure Projects: Explanations and Their Theoretical Embeddedness (2010, neutral): “s for cost overruns are sought through statistical analysis and theoretical considerations. Four categories of explanations were distinguished (see for example Flyvbjerg et al. 2002a, Flyvbjerg 2005, Flyvbjerg et al. 2003a). First, technical explanations are indicated, which are forecasting errors i”