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4 of 4 people found the following review helpful
5.0 out of 5 stars Also applicable for minor projects, 24 Dec 2005
By A Customer
This review is from: Megaprojects and Risk: An Anatomy of Ambition (Paperback)
Finally, I have found a book that examines the risk profile as a result of misinformation.
Though written with mega projects in mind, I’m sure that most of us working in projects can recognize the same problems occurring on minor projects.
This book should be mandatory reading for politicians, project managers and other stakeholders on any given project.
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1 of 1 people found the following review helpful
5.0 out of 5 stars Landmark study, 11 Nov 2010
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This review is from: Megaprojects and Risk: An Anatomy of Ambition (Paperback)
I put this book in the same category at Terry Smith's "Accounting for Growth" which changed the way the world looked at company reporting. Though most of the creative accounting that Terry Smith referred to has been cleaned up the same cannot be said of the tricks and swerves found in Megaprojects and Major Programs. Anyone who is a practitioner on a megaproject probably already knew what was going on but Flyvbjerg and Bruzelius have gone to the trouble of quantifying it and providing us with evidence. The book also takes a long overdue sideswipe at poor quality risk proceesses and makes a good case for much more effective and open project appraisal. So in summary like Accounting for Growth this book dares to cast a light on some very costly and unsavoury practices that society leaders indulge in at our cost and with no comebacks. In a properly functioning democracy it would be acted on by the media and taxpayers to put the brakes on politicians and other grand visionaries who are fond of using other people' money to build monuments to their vanity. Finally, this book introduced me to the theory of "optimism bias" which, I have witnessed at close proximity in IT projects for 25 years without realising what it was. For that alone I am grateful. So, there it is. One of two books that I have read that successfully summed up a subject that truly stinks. Terry Smith cleaned up a mess and built a career on Accounting for Growth. I hope the authors do the same with Megaprojects and Risk.
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5.0 out of 5 stars A must have for your library, 30 April 2010
This review is from: Megaprojects and Risk: An Anatomy of Ambition (Paperback)
Highly recommended for academics and practitioners alike.
Mega-projects are here to stay. Deal with them!
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Megaprojects and Risk: An Anatomy of Ambition
Megaprojects and Risk: An Anatomy of Ambition by Werner Rothengatter (Paperback - 13 Feb 2003)
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