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Item Details
Title: MEGAPROJECTS AND RISK
AN ANATOMY OF AMBITION
By: Bent Flyvbjerg, Nils Bruzelius, Werner Rothengatter
Format: Electronic book text

List price: £162.00


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ISBN 10: 1107050898
ISBN 13: 9781107050891
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 5 July, 2014
Description: A fascinating account of the problems and possible solutions involved in managing megaprojects.
Synopsis: Megaprojects and Risk provides the first detailed examination of the phenomenon of megaprojects. It is a fascinating account of how the promoters of multi-billion dollar megaprojects systematically and self-servingly misinform parliaments, the public and the media in order to get projects approved and built. It shows, in unusual depth, how the formula for approval is an unhealthy cocktail of underestimated costs, overestimated revenues, undervalued environmental impacts and overvalued economic development effects. This results in projects that are extremely risky, but where the risk is concealed from MPs, taxpayers and investors. The authors not only explore the problems but also suggest practical solutions drawing on theory, experience and hard, scientific evidence from the several hundred projects in twenty nations and five continents that illustrate the book. Accessibly written, it will be the standard reference for students, scholars, planners, economists, auditors, politicians and interested citizens for many years to come.
Illustrations: 13 b/w illus. 10 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Non-returnable
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