38 min
46 | Mega Project Success Factors 2022 Lead With Trust For Construction Leaders
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- Management
Did you know that 65% of mega projects fail? This is according to a 2015 study done by the Construction Industry Institute. A more recent study done by the University College of London in 2020 said that 70% of mega-construction projects lead to failure. Those are alarming results, especially considering the millions of dollars in resources that are tied up in these projects. As our construction projects get larger and larger, the complexity and number of issues that can arise increases as well.
In today's episode of The Lead With Trust Show, Sue offers some insights into finding success with mega projects, outlined in, "Mega Project Success Factors 2022" an ongoing project she has developed to help manage the seemingly unmanageable.
During the episode, Sue provides some background on the Mega Projects Success Factors concept, which she first began nearly two decades ago. It's been updated many times since, most recently with a group of mega project teams in the late 2000s.
She outlines some of the patterns she and her team have seen emerge from numerous failed projects in the past, such as the Denver International Airport, the Hong Kong Airport project, the Boston artery or 'Big Dig,' and the San Francisco Bay Bridge.
She also reveals why mega project failures are rarely caused by a single factor. Most often it's many smaller issues that compound upon each other and create a cascading event that sinks a project.
Join Sue for this fascinating discussion about mega projects and how you can ensure their success with effective partnering.
If you have any questions or suggestions for Sue, feel free to reach out via email.
Enjoy!
What You’ll Learn in this Show:
Background on the Mega Project Success Factors concept, which she first began nearly two decades ago.Some of the patterns she and her team have seen emerge from their own successful projects and numerous other projects, such as the Denver International Airport, the Hong Kong Airport project, the ‘Big Dig,' and the San Francisco Bay Bridge.Why mega project failures rarely have a single cause that can be easily identified.And so much more...
Resources:
The Partnering Institute
Lead with Trust Newsletter
Mega Project Success Factors 2022
Sue's Email: suedyer@sudyco.com
Did you know that 65% of mega projects fail? This is according to a 2015 study done by the Construction Industry Institute. A more recent study done by the University College of London in 2020 said that 70% of mega-construction projects lead to failure. Those are alarming results, especially considering the millions of dollars in resources that are tied up in these projects. As our construction projects get larger and larger, the complexity and number of issues that can arise increases as well.
In today's episode of The Lead With Trust Show, Sue offers some insights into finding success with mega projects, outlined in, "Mega Project Success Factors 2022" an ongoing project she has developed to help manage the seemingly unmanageable.
During the episode, Sue provides some background on the Mega Projects Success Factors concept, which she first began nearly two decades ago. It's been updated many times since, most recently with a group of mega project teams in the late 2000s.
She outlines some of the patterns she and her team have seen emerge from numerous failed projects in the past, such as the Denver International Airport, the Hong Kong Airport project, the Boston artery or 'Big Dig,' and the San Francisco Bay Bridge.
She also reveals why mega project failures are rarely caused by a single factor. Most often it's many smaller issues that compound upon each other and create a cascading event that sinks a project.
Join Sue for this fascinating discussion about mega projects and how you can ensure their success with effective partnering.
If you have any questions or suggestions for Sue, feel free to reach out via email.
Enjoy!
What You’ll Learn in this Show:
Background on the Mega Project Success Factors concept, which she first began nearly two decades ago.Some of the patterns she and her team have seen emerge from their own successful projects and numerous other projects, such as the Denver International Airport, the Hong Kong Airport project, the ‘Big Dig,' and the San Francisco Bay Bridge.Why mega project failures rarely have a single cause that can be easily identified.And so much more...
Resources:
The Partnering Institute
Lead with Trust Newsletter
Mega Project Success Factors 2022
Sue's Email: suedyer@sudyco.com
38 min