A Real-time Evaluation Framework for Maximizing the Likelihood of Success on Large Public Infrastructure Projects

A Real-time Evaluation Framework for Maximizing the Likelihood of Success on Large Public Infrastructure Projects PDF Author: Sheldon L. Lyn
Publisher:
ISBN:
Category :
Languages : en
Pages : 188

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A Real-time Evaluation Framework for Maximizing the Likelihood of Success on Large Public Infrastructure Projects

A Real-time Evaluation Framework for Maximizing the Likelihood of Success on Large Public Infrastructure Projects PDF Author: Sheldon L. Lyn
Publisher:
ISBN:
Category :
Languages : en
Pages : 188

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The Evaluation of Complex Infrastructure Projects

The Evaluation of Complex Infrastructure Projects PDF Author: Lasse Gerrits
Publisher: Edward Elgar Publishing
ISBN: 178347842X
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
Infrastructure projects are notoriously hard to manage so it is important that society learns from the successes and mistakes made over time. However, most evaluation methods run into a conundrum: either they cover a large number of projects but have little to say about their details, or they focus on detailed single-case studies with little in terms of applicability elsewhere. This book presents Qualitative Comparative Analysis (QCA) as an alternative evaluation method that solves the conundrum to enhance learning.

Toward More Sustainable Infrastructure

Toward More Sustainable Infrastructure PDF Author: Carl D. Martland
Publisher: Wiley
ISBN: 9780470448762
Category : Technology & Engineering
Languages : en
Pages : 0

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Book Description
Toward More Sustainable Infrastructure: Project Evaluation for Planners and Engineers provides readers a framework for understanding and evaluating infrastructure projects to improve their performance and sustainability, taking into account not only the financial and economic issues, but also the social and environmental impacts that affect the sustainability of infrastructure. Based on a course designed developed by the author over ten years at M.I.T., this text demonstrates how to apply the basic methods of engineering economics in evaluating major infrastructure projects and also demonstrates how these same techniques can be useful with many routine business and personal decisions. It introduces students to project management, system performance, concepts of sustainability, methods of engineering economics, and provides numerous case studies, examples, and exercises based upon real world problems. This text fills a void in the education of many planners and engineering students, namely an understanding of why major infrastructure projects are undertaken, how they are structured and evaluated, and how they are financed. Toward More Sustainable Infrastructure: Project Evaluation for Planners and Engineers prepares readers to evaluate projects based upon an appreciation of the needs of society, the potential for sustainable development, and recognition of the problems that may result from poorly conceived or poorly implemented projects and programs.

Socioeconomic Evaluation of Megaprojects

Socioeconomic Evaluation of Megaprojects PDF Author: Markku Lehtonen
Publisher: Routledge
ISBN: 1317222067
Category : Business & Economics
Languages : en
Pages : 266

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Book Description
The governance and evaluation of ‘megaprojects’ – that is, large-scale, complex, high-stakes infrastructure projects usually commissioned by governments and delivered through partnerships between public and private organisations – is receiving increased attention. However, megaproject evaluation has hitherto largely adopted a linear-rationalist perspective to explain the frequent failure of such projects to meet the ‘iron triangle’ of performance criteria: delivering on time, within budget, and according to specifications. This approach recommends greater control and accountability to remedy megaproject ‘pathologies’. Drawing on empirical examples mainly from the transport sector and radioactive waste disposal, this book offers new perspectives to megaproject evaluation. Comprising contributions from leading experts in project evaluation and appraisal, this collection opens up new avenues by suggesting two ways of improving megaproject evaluation: 1) approaches that go beyond the dominant linearrationalist notion of policy processes, and emphasise instead the objective of opening up appraisal processes in order to enhance learning and reflexivity; and 2) approaches that extend evaluative criteria beyond the ‘iron triangle’, to cover the various socioeconomic impacts and preconditions for project success. This volume will be of great relevance to scholars and practitioners with an interest in megaprojects, energy and climate policy, radioactive waste management, urban design, and project planning and management.

Mastering the Risky Business of Public-Private Partnerships in Infrastructure

Mastering the Risky Business of Public-Private Partnerships in Infrastructure PDF Author: Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513576569
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.

Routledge Handbook of Planning and Management of Global Strategic Infrastructure Projects

Routledge Handbook of Planning and Management of Global Strategic Infrastructure Projects PDF Author: Edward Ochieng
Publisher: Routledge
ISBN: 1000330087
Category : Technology & Engineering
Languages : en
Pages : 695

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Book Description
This book examines complex challenges in managing major strategic economic and social infrastructure projects. It is divided into four primary themes: value-based approach to infrastructure systems appraisal, enabling planning and execution, financing and contracting strategies for infrastructure systems and digitising major infrastructure delivery. Within these four themes, the chapters of the book cover: the value and benefits of infrastructure projects planning for resilient major infrastructure projects sustainable major infrastructure development and management, including during mega events improving infrastructure project financing stakeholder engagement and multi-partner collaborations delivering major infrastructure projects effectively and efficiently whole-life-cycle performance, operations and maintenance relationship risks on major infrastructure projects public-private partnerships, design thinking principles, and innovation and technology. By drawing on insights from their research, the editors and contributors bring a fresh perspective to the transformation of major strategic infrastructure projects. This text is designed to help policymakers and investors select and prioritise their infrastructure needs beyond the constraining logic of political cycles. It offers a practical set of recommendations for governments on attracting private capital for infrastructure projects while creating clear social and economic value for their citizens. Through theoretical underpinning, empirical data and in-depth informative global case studies, the book presents an essential resource for students, researchers, practitioners and policymakers interested in all aspects of strategic infrastructure planning, project management, construction management, engineering and business management.

The Front-end of Large Public Projects

The Front-end of Large Public Projects PDF Author: Terry M. Williams
Publisher: Taylor & Francis
ISBN: 1000609561
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
Large public projects represent major complex investment and whilst there has been much written about how to develop, manage and deliver such projects, practice still does not match up with expectations. In this book, researchers from the Norwegian Concept Research Programme explore the paradoxes between theory and practice in collaboration with experts in the field of project governance. This book delves into the reality of large public projects, to show how they can be managed effectively and efficiently, recognising the realities of their context. It offers a range of practical conclusions as to the paradoxes of the governance and management of public projects. The international spectrum of authors draw their examples from the UK, Norway, Canada, France, Australia and the Netherlands. Bridging the gap between research, theory and practice, this book will benefit academics and researchers in the field of project management and corporate governance as well as those in the practice of public project governance, civil servants and industry practitioners.

A ‘Triple Bottom Line’ Approach to Advanced Project Evaluation

A ‘Triple Bottom Line’ Approach to Advanced Project Evaluation PDF Author: Grace Ding
Publisher: Cambridge Scholars Publishing
ISBN: 1527548287
Category : Architecture
Languages : en
Pages : 213

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Book Description
The concept of ‘the triple bottom line’ has recently emerged to describe a new framework for development aimed at achieving economic and social balance while maintaining the long-term integrity of ecological systems. This requires measuring not only the economic viability of projects, but also their impact on the environment and their contribution to society. We live in a world where most people are aware of the importance of our environment. The way in which this realisation came about has, in hindsight, not been as simple as could have been expected. Systematic evaluations of the economic viability of projects using discounting date back to the beginning of the last century and are something which has been readily accepted, especially over the last few decades. However, an integrated approach, including environmental and social aspects, is much more recent, and even now, the methods and methodologies for such an approach are still being developed. This volume details the state of the art of the development towards the triple bottom line. It indicates where there is still debate about fundamental principles, where theory has been overlooked in the name of convenience, and where there are still unresolved problems. The discussions provided here will serve to provide a more detailed understanding of what we do in our calculations, what they mean and the limitations thereof.

Project Evaluation Essays and Case Studies

Project Evaluation Essays and Case Studies PDF Author: Carl D. Martland
Publisher: Createspace Independent Publishing Platform
ISBN: 9781539345008
Category :
Languages : en
Pages : 156

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Book Description
This book is based primarily upon materials prepared between 1997 and 2010 by Carl D. Martland for "1.011 Project Evaluation", a required course within MIT's Department of Civil & Environmental Engineering that he designed, developed, and taught for many years. It is structured to be of interest to anyone interested in infrastructure systems, especially engineers, planners and managers who design, build and operate such systems. The book may also be of interest to students in planning or engineering who are interested in transportation, water resources, energy, city planning, or real estate development.

Public Infrastructure Projects

Public Infrastructure Projects PDF Author: Nigel Oates
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 322

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Book Description