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Decision-Making on Mega-Projects: Cost-Benefit Analysis, Planning and Innovation
     

Decision-Making on Mega-Projects: Cost-Benefit Analysis, Planning and Innovation

by Hugo Priemus, Bent Flyvbjerg, Bert van Wee
 

ISBN-10: 1845427378

ISBN-13: 9781845427375

Pub. Date: 04/28/2008

Publisher: Elgar, Edward Publishing, Inc.

This book enlarges the understanding of decision-making on mega-projects and suggest recommendations for a more effective, efficient and democratic approach. Authors from different scientific disciplines address various aspects of the decision-making process, such as management characteristics and cost–benefit analysis, planning and innovation and competition

Overview

This book enlarges the understanding of decision-making on mega-projects and suggest recommendations for a more effective, efficient and democratic approach. Authors from different scientific disciplines address various aspects of the decision-making process, such as management characteristics and cost–benefit analysis, planning and innovation and competition and institutions. The subject matter is highly diverse, but certain questions remain at the forefront. For example, how do we deal with protracted preparation processes, how do we tackle risks and uncertainties, and how can we best divide the risks and responsibilities among the private and public players throughout the different phases of the project?
Presenting a state-of-the-art overview, based on experiences and visions of authors from Europe and North America, this unique book will be of interest to practitioners of large-scale project management, politicians, public officials and private organisations involved in mega-project decision-making. It will also appeal to researchers, consultants and students dealing with substantial engineering projects, complex systems, project management and transport infrastructure.

Product Details

ISBN-13:
9781845427375
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
04/28/2008
Series:
Transport Economics, Management and Policy Series
Pages:
352
Product dimensions:
6.30(w) x 9.20(h) x 1.00(d)

Table of Contents

Contents:
1. Introduction: Scope of the Book
Hugo Priemus, Bent Flyvbjerg and Bert van Wee
PART I: MANAGEMENT CHARACTERISTICS AND COST–BENEFIT ANALYSIS
2. Management Characteristics of Mega-Projects
Hans de Bruijn and Martijn Leijten
3. Ex-ante Evaluation of Mega-Projects: Methodological Issues and Cost–Benefit Analysis
Bert van Wee and Lóránt A. Tavasszy
4. Cost–Benefit Analysis and the Wider Economic Benefits from Mega-
Projects
Roger W. Vickerman
5. Mega-Projects and Contested Information
Hans de Bruijn and Martijn Leijten
PART II: PLANNING AND DECISION-MAKING
6. How to Improve the Early Stages of Decision-making on Mega-
Projects?
Hugo Priemus
7. Public Planning of Mega-Projects: Overestimation of Demand and
Underestimation of Costs
Bent Flyvbjerg
8. Evolving Strategy: Risk Management and the Shaping of Mega-
Projects
Roger Miller and Donald R. Lessard
9. How to Overcome Major Weaknesses in Mega-Projects? The Norwegian Approach
Knut Samset
10. Public–Private Partnership and Mega-Projects
Joop Koppenjan
PART III: INNOVATION, COMPETITION AND INSTITUTIONS
11. Innovations in the Planning of Mega-Projects
Werner Rothengatter
12. The Cost of the Technological Sublime: Daring Ingenuity and the New San Francisco–Oakland Bay Bridge
Karen Trapenberg Frick
13. Provision and Management of Dedicated Railway Systems: How to
Arrange Competition
Didier van de Velde and Ernst F. ten Heuvelhof
14. Rail Infrastructure at Major European Hub Airports: The Role of Institutional Settings
Moshe Givoni and Piet Rietveld
15. Drawing Institutional Lessons Across Countries on Making Transport Infrastructure Policy
W. Martin de Jong
Index

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