Reddit reviews Megaprojects and Risk: An Anatomy of Ambition
We found 2 Reddit comments about Megaprojects and Risk: An Anatomy of Ambition. Here are the top ones, ranked by their Reddit score.
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We found 2 Reddit comments about Megaprojects and Risk: An Anatomy of Ambition. Here are the top ones, ranked by their Reddit score.
This is a problem associated especially with the category known as Mega Projects, which typically require some form of public approval. This is for civil, nuclear, military, really all categories of Megaprojects. The F35 and Boston's Big Dig are fun examples
https://en.wikipedia.org/wiki/Megaproject?wprov=sfla1
This professor has written extensively in the subject.
https://www.amazon.com/Megaprojects-Risk-Ambition-Bent-Flyvbjerg/dp/0521009464
Not all nuclear projects are destined to become Megaprojects, small modular reactors may remain Major projects instead, much less likely to go over budget by nature of scale, but still dependent on the capability and competence of those involved.
You should look at Bent Flyvbjerg's work. His main critique is that the methodology used to determine cost-benefits for most "megaprojects" is faulty and often wildly optimistic. He had a mildly famous study on the Olympics.
He did an interview about his work on megaprojects here.
The page contains a transcript, a link to the audio of the interview and links to his books and published works. The full audio is worth a listen.
This article is a lay-person friendly take on his book.
The amazon page for his book is here.