Virginia A. Greiman - Global Megaprojects: Lessons, Case Studies, and Expert Advice on International Megaproject Management

1. Chapter 1
2. Chapter 2
3. Chapter 3
4. Chapter 4
5. Chapter 5
6. Chapter 6
7. Chapter 7
8. Chapter 8
9. Chapter 9
10. Chapter 10
11. Chapter 11
12. Chapter 12

1. Chapter 1
2. Chapter 2
3. Chapter 3
4. Chapter 4
5. Chapter 5
6. Chapter 6
7. Chapter 7
8. Chapter 8
9. Chapter 9
10. Chapter 10
11. Chapter 11
12. Chapter 12

Virginia A. Greiman

Boston University

Boston, MA, USA

This edition first published 2023
2023 John Wiley & Sons, Inc.

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Library of Congress CataloginginPublication Data
Names: Greiman, Virginia, author.
Title: Global megaprojects : lessons, case studies, and expert advice on international megaproject management / Virginia A. Greiman, Boston University, MA.
Description: First edition. | Hoboken, NJ : Wiley, 2023. | Includes index.
Identifiers: LCCN 2022027391 (print) | LCCN 2022027392 (ebook) | ISBN 9781119875208 (hardback) | ISBN 9781119875222 (adobe pdf) | ISBN 9781119875215 (epub)
Subjects: LCSH: Project managementCase studies. | Risk managementCase studies. | Public worksCase studies. | Investments, ForeignCase studies. | GlobalizationSocial aspects. | International cooperation.
Classification: LCC HD69.P75 G7524 2023 (print) | LCC HD69.P75 (ebook) | DDC 352.3/65dc23/eng/20220801
LC record available at https://lccn.loc.gov/2022027391
LC ebook record available at https://lccn.loc.gov/2022027392

Cover Design: Wiley
Cover Images: Fraser Hall/Getty Images

This book is dedicated to the creativity, imagination, and perseverance of all the engineers and construction workers building Innovative Megaprojects globally, and to all those who come after them in creating the great engineering megaprojects of the world.

The motivation for this book came from working on global megaprojects commencing with my early experience on projects in Eastern and Central Europe after the fall of communism. Assisting economies in transition opened my eyes to the need for the rule of law to attract investment in implementing the many projects needed in these former wartorn countries. This experience created a desire to learn more about how successful projects are initiated, implemented, and transitioned to those who would operate these projects for many decades. Following my experience in these transition economies I had the opportunity to serve on the Executive Team of Bostons Central Artery/Tunnel Project (Americas largest infrastructure project) which led to research and consulting opportunities at the Crossrail project in London and other megaprojects in Africa, Canada, Europe, North America and Southeast Asia.

The need for knowledge about megaprojects is apparent from every corner of the globe. Cities and countries worldwide are spending hundreds of billions of dollars annually to preserve the nations infrastructure and construct the next generation of roads, bridges, tunnels, energy resources, and water supply. The Organization for Economic Cooperation and Development (OECD) is forecasting that global investment in infrastructure alone will cost as much as $70 trillion through 2030 (Mirabile et al. ). Thus, the need for development expertise is extensive and incorporates a broad range of disciplines such as project and program management, engineering, the environment, construction, research and development, competitive strategy, risk management, privatization, corporate responsibility, social and economic policy development, project finance, investment policy, businessgovernment relations, sustainability, negotiations, development law, and ethics, to name a few.

This book is itself an ongoing research project and my goal is to not only share the lessons that have been learned from experienced practitioners, investors, and policy makers in the field but also to stimulate interest and encourage others to share their experiences so we are all better prepared to meet the challenges of the global megaprojects that the future will demand.