INEIS Seminar by Andrew Davies

Five Rules for Managing Large, Complex Projects

2017.10.12 | Merete Elmann

Date Thu 02 Nov
Time 10:30 12:00
Location Room 2628-M211, Department of Management, Aarhus BSS, Aarhus University


Thursday 2 November 2017 at 10:30-12:00 in room 2628-M211, Professor Andrew Davies from School of Construction and Project Management, the Bartlett Faculty of the Built Environment, University College London, will give a presentation entitled

Five Rules for Managing Large, Complex Projects

 

Everyone is welcome!

 

Abstract
Recent research on megaprojects — defined as projects costing more than $1 billion — reveals five lessons that can help executives manage any large-scale project more effectively.

“Megaprojects” are important contributors to numerous sectors, including health care, defense, mining, telecommunications, transport, energy and water infrastructure, sporting events, science, and manufacturing. They represent a significant proportion of many nations’ economic activity and profoundly affect productivity, social cohesion, and the environment. Yet megaprojects have proved notoriously difficult to deliver on time and on budget; one estimate suggests 90% of them end up over budget.

This seminar distills five rules for innovation in large, high-risk projects, providing managers with guidance on how to modify their plans and processes when opportunities arise or conditions change.

Bio
Andrew is Professor of the Management of Projects in the School of Construction and Project Management, the Bartlett Faculty of the Built Environment, University College London. He is Visiting Professor, Department of Business and Management, LUISS, Rome. Previously he was Adjunct Professor of Project Management in the Department of Leadership and Organisation, Norwegian Business School and Reader in the Innovation and Entrepreneurship Group, Imperial College Business School, Imperial College London, where he was a co-director of the EPSRC Innovation Studies Centre and theme leader of research on innovation in infrastructure projects and systems. Before that, he was a Senior Fellow in SPRU, University of Sussex, where he was deputy director of the ESRC Complex Product Systems Innovation Centre. 

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