BOOK REVIEW
Book Title: Megaproject Management: Lessons on Risk and Project Management from the Big Dig
Author: Virginia A. Greiman
Publisher: John Wiley & Sons
List Price: $100
Format: Hard cover, 496 pages
Publication Date: 2013
ISBN: 978-1-118-11547-3
Reviewer: Sreehari Gothati
Review Date: Aug-Sep 2023
Overview of Book’s Structure
The Book teaches about General overview about large scale projects, one of the primary goals of mega projects, explores the difficulties decision points throughout out the projects
Bringing the insights of risks, challenges, and accomplishments of the most complex urban infrastructure project in the history of the United States. It describes the realities of day-to-day project management from the project manager’s perspective.
Highlights
The book highlights management case study, risk, cost, and schedule, especially the connection of technical, legal, political, and social key factors
Highlights: What I liked!
My understanding and analysis of this book is it helps to manage megaprojects in every phase in the duration of project end to end life cycle,
Most common cause project failure if poor communication ranked as highest cause and understanding the key points stakeholder management
Transparency as an essential element of governance and established public and private partnerships with multiple governance structures
It was talked about general contractors, contact packages, processes, procedures, design, procurement, performance, testing, completing and takeover
It was discussed schedule, managing large scale projects, timelines to the complex cycles of projects and problems encountered along the way with recommendations for accelerated project delivery, managing interfaces, and multiple critical paths, essential tools to control and mitigate the delay.
Discussed about traces the unusable costs, reasons for cost overruns, breakdown the cost elements,
Examines critical issues of cost management for large scale projects, strategies, tools, and techniques analysis, keep tacking of cost escalations, and safety program early in the project.
Talked about wrap up large programs and insurances, risks, risk financing, and risk identification, risk analysis, risk response, and allocation of known and unknown risks.
More…
To read entire Book Review, click here
How to cite this review: Gothati, S. (2023). Megaproject Management: Lessons on Risk and Project Management from the Big Dig, book review, PM World Journal, Vol. XII, Issue XI, November. Available online at https://pmworldlibrary.net/wp-content/uploads/2023/11/pmwj135-Nov2023-Gothati-Megaproject-management-lessons-from-the-Big-Dig-book-review.pdf
About the Reviewer
Sreehari Gothati
Plano, Texas, United States
Sreehari Gothati is highly experienced in SAP Delivery Management past 22 years in the IT Industry, and Certified PMP, Certified in SAP ACTIVATE Project Manager, Certified in globally recognized TOGAF Enterprise Architecture Farmwork and Certified Agile Professional Scrum Master and Certified in ITIL Service Management, He works various roles in the Program management, portfolios management and project management along with Delivery Management, Transition Management, and technically Enterprise architecture, solution architecture in end to end full cycle greenfield, brownfield implementations and System Conversions.
Sreehari Led and Supervised Data & Analytics, Functional, Technical and third party Applications, including ServiceNow Tickets, in the following domains such as Pharmaceuticals, Healthcare, Financial, Retail, Oil & Gas, CPG, Telecom, Automobile, Manufacturing, Aerospace, Logistics, EHS, IS-Utilities, Life Sciences customers’ and building world class teams and solutions with his Master’s
Degree in Computer Applications and Bachelor Degree in Sciences from Sri Venkateswara University. Sreehari Gothati was recently featured as a Speaker in SAP EVENTS, Project Management EVENTs, SAP American User Group (ASUG) about various strategies, project management approaches, and effective cost-effective solutions.
Sreehari can be contacted at sgothati@gmail.com
Editor’s note: This book review was the result of a partnership between the PM World Journal and the PMI Dallas Chapter. Authors and publishers provide books to the PM World Journal; books are delivered to the PMI Dallas Chapter, where they are offered free to PMI members who agree to provide a review within 45 days; book reviews are published in the PM World Journal and PM World Library. After publication, reviewers can claim PDUs for PMP recertification, or continuing education units from other professional bodies.
If you have read a good recently published book related to managing programs, projects or teams of professionals, consider authoring a book review for publication in the PM World Journal. For our standard format or for more information, contact Editor@pmworldjournal.com or visit https://pmworldlibrary.net/book-review-program/
If you are an author or publisher of a project management-related book, and would like the book reviewed through this program, please contact editor@pmworldjournal.com.
