Description

Book Synopsis
Written by the former Deputy Counsel and Risk Manager for the Big Dig from 1996 to 2005, Virginia Greiman, this book describes the numerous risks faced by the project manager and the lessons learned that have never before been written about despite the huge volume of news articles and reports that have been published on the Big Dig.

Table of Contents

Author’s Perspectives xiii

Acknowledgments xv

Introduction to This Book xvii

Overview xvii

Key Concepts and Objectives xviii

Transparent Frameworks xix

Shared Values xx

Collaborative Partnerships xxi

Pedagogy xxi

Course Structure xxii

Overview of Course Chapters xxiii

References xxvi

1 Introduction to Megaprojects and the Big Dig 1

Introduction 1

Why Study Megaprojects? 2

Projects, Programs, and Portfolios 7

Characteristics of Megaprojects 12

Megaproject Framework 25

Lessons Learned 30

Summary 30

Ethical Considerations 30

Discussion Questions 31

References 32

2 History and Financing of the Big Dig 38

Introduction 38

The Vision 38

Innovation and Problem Solving 42

The Most Important Benefits of the Big Dig 49

The Financing of Megaprojects 54

Public-Private Partnerships 55

Major Sources of Big Dig Funding 67

Big Dig Revenues by Source, Dollar Amount, and Percentage of Total Funding 70

The Real Cost of a Megaproject 70

Lessons Learned 72

Summary 73

Ethical Considerations 74

Discussion Questions 75

References 75

3 Stakeholders 79

Introduction 79

Defining the Stakeholder 80

Stakeholder Principles 81

Project Stakeholder Framework 82

Stakeholder Management on the Big Dig 87

Conflicts of Interest among Internal Stakeholders 90

Multiple Roles of Project Owners and Sponsors 91

Multiple Roles of the Management Consultant (Consultant) 93

Stakeholder Concerns and Mitigation Tools 94

Corporate Responsibility Initiatives 97

Stakeholder Participation 97

Key Lessons Learned about Stakeholder Management on the Big Dig 101

Summary 106

Ethical Considerations 106

Discussion Questions 106

References 107

4 Governance 110

Introduction 110

What Is Governance? 111

Project Governance 113

Multiple Governance Structures as a Dynamic Regime 115

Developing a Megaproject Governance Framework 117

Projects as Temporary Institutional Structures 117

Governance Framework Development: Five-Step Process 118

Governance as Decision Making 130

The Challenges of Implementing Project Governance Frameworks 137

Lessons from Practice: The United Kingdom’s T5 New Product Delivery Project 142

Lessons Learned 143

Summary 146

Ethical Considerations 146

Discussion Questions 147

References 148

5 Megaproject Scope Management 152

Introduction 152

1. Scope and the ‘‘Triple Constraint’’ 153

2. Defining the Scope on a Megaproject 154

3. The Project Organization: Scope Controls Program 157

4. The Technical Scope Statement (TSS) 162

5. Project Work Breakdown Structure (WBS) 162

6. Scope Evolution and Scope Creep 166

7. The Specification Management Plan 169

8. Scope Change and Verification 173

9. The Top Ten Scope Control Tools 174

Lessons Learned 179

Summary 180

Ethical Considerations 181

Discussion Questions 181

References 182

6 Schedule 185

Introduction 185

Schedule-Driven projects 185

The Big Dig’s Timeline: A Long and Winding Road 186

Major Phases of Project Delivery 191

Perceptions of Stakeholders on Approaches to Reduce Highway Project Completion Time 193

Impact of Design Development on Schedule 194

Schedule and Cost Integration 196

Project Delays 202

The Big Dig Lessons from Practice: Calculating Delay Costs—Bottom Up 205

Incentives as Tactics for Keeping on Schedule 206

Lessons Learned 209

Summary 210

Ethical Considerations 210

Discussion Questions 211

References 211

7 Cost History 214

Introduction 214

Megaproject Cost Estimation Research 214

Cost Growth History on the Big Dig 216

The Big Dig Cost Construction Summary 229

Lessons Learned 229

Summary 231

Ethical Considerations 232

Discussion Questions 232

References 232

8 Cost Management 235

Introduction 235

1. The Project Budget Process and Cost History 236

2. Cost Centers 236

3. Cost Management Team 236

4. Data Resources 240

5. Cost Control Tools 241

6. Strategies to Address Cost Escalation 257

Lessons Learned 258

Summary 260

Ethical Considerations 260

Discussion Questions 261

References 262

9 Megaprojects and Megarisk 264

The Role of Risk Management on Megaprojects 264

Risk Management Framework: A Shared Vision of Risk 266

The Development of a Risk Model 267

The Broad Context of Risk for the Big Dig 276

Risk Management Organization 278

Risk Strategy 280

Lessons Learned 308

Summary 310

Ethical Considerations 311

Discussion Questions 311

References 313

10 Quality Management 316

Introduction 316

What Is Quality? 317

Elements of Quality Management 319

Continuous Improvement 324

Quality Programs at the Big Dig 325

Lessons Learned 341

Summary 344

Ethical Considerations 344

Discussion Questions 344

References 346

11 Building a Sustainable Project through Integration and Change 349

Introduction 349

Project Integration versus Collaboration 350

The Relationship between Project Integration and Change Management 351

Integration of Project Delivery 354

Integrated Project Organization 357

Innovative Process and Program Integration and Sustainability at the Big Dig 358

Structuring the Change Process 382

Lessons Learned 384

Summary 386

Ethical Considerations 386

Discussion Questions 386

References 387

12 Leadership 391

Introduction 391

What Is Leadership? 392

Characteristics of Effective Leadership 394

Leadership Styles 395

Leadership for the Five Stages of Program Management 398

Ten Important Lessons on Leadership from the Big Dig 399

Summary 410

Ethical Considerations 410

Discussion Questions 411

References 412

Appendix 415

Glossary 419

Abbreviations and Acronyms 453

Index 457

Megaproject Management

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    A Hardback by Virginia A. Greiman


      View other formats and editions of Megaproject Management by Virginia A. Greiman

      Publisher: John Wiley & Sons Inc
      Publication Date: 26/07/2013
      ISBN13: 9781118115473, 978-1118115473
      ISBN10: 1118115473

      Description

      Book Synopsis
      Written by the former Deputy Counsel and Risk Manager for the Big Dig from 1996 to 2005, Virginia Greiman, this book describes the numerous risks faced by the project manager and the lessons learned that have never before been written about despite the huge volume of news articles and reports that have been published on the Big Dig.

      Table of Contents

      Author’s Perspectives xiii

      Acknowledgments xv

      Introduction to This Book xvii

      Overview xvii

      Key Concepts and Objectives xviii

      Transparent Frameworks xix

      Shared Values xx

      Collaborative Partnerships xxi

      Pedagogy xxi

      Course Structure xxii

      Overview of Course Chapters xxiii

      References xxvi

      1 Introduction to Megaprojects and the Big Dig 1

      Introduction 1

      Why Study Megaprojects? 2

      Projects, Programs, and Portfolios 7

      Characteristics of Megaprojects 12

      Megaproject Framework 25

      Lessons Learned 30

      Summary 30

      Ethical Considerations 30

      Discussion Questions 31

      References 32

      2 History and Financing of the Big Dig 38

      Introduction 38

      The Vision 38

      Innovation and Problem Solving 42

      The Most Important Benefits of the Big Dig 49

      The Financing of Megaprojects 54

      Public-Private Partnerships 55

      Major Sources of Big Dig Funding 67

      Big Dig Revenues by Source, Dollar Amount, and Percentage of Total Funding 70

      The Real Cost of a Megaproject 70

      Lessons Learned 72

      Summary 73

      Ethical Considerations 74

      Discussion Questions 75

      References 75

      3 Stakeholders 79

      Introduction 79

      Defining the Stakeholder 80

      Stakeholder Principles 81

      Project Stakeholder Framework 82

      Stakeholder Management on the Big Dig 87

      Conflicts of Interest among Internal Stakeholders 90

      Multiple Roles of Project Owners and Sponsors 91

      Multiple Roles of the Management Consultant (Consultant) 93

      Stakeholder Concerns and Mitigation Tools 94

      Corporate Responsibility Initiatives 97

      Stakeholder Participation 97

      Key Lessons Learned about Stakeholder Management on the Big Dig 101

      Summary 106

      Ethical Considerations 106

      Discussion Questions 106

      References 107

      4 Governance 110

      Introduction 110

      What Is Governance? 111

      Project Governance 113

      Multiple Governance Structures as a Dynamic Regime 115

      Developing a Megaproject Governance Framework 117

      Projects as Temporary Institutional Structures 117

      Governance Framework Development: Five-Step Process 118

      Governance as Decision Making 130

      The Challenges of Implementing Project Governance Frameworks 137

      Lessons from Practice: The United Kingdom’s T5 New Product Delivery Project 142

      Lessons Learned 143

      Summary 146

      Ethical Considerations 146

      Discussion Questions 147

      References 148

      5 Megaproject Scope Management 152

      Introduction 152

      1. Scope and the ‘‘Triple Constraint’’ 153

      2. Defining the Scope on a Megaproject 154

      3. The Project Organization: Scope Controls Program 157

      4. The Technical Scope Statement (TSS) 162

      5. Project Work Breakdown Structure (WBS) 162

      6. Scope Evolution and Scope Creep 166

      7. The Specification Management Plan 169

      8. Scope Change and Verification 173

      9. The Top Ten Scope Control Tools 174

      Lessons Learned 179

      Summary 180

      Ethical Considerations 181

      Discussion Questions 181

      References 182

      6 Schedule 185

      Introduction 185

      Schedule-Driven projects 185

      The Big Dig’s Timeline: A Long and Winding Road 186

      Major Phases of Project Delivery 191

      Perceptions of Stakeholders on Approaches to Reduce Highway Project Completion Time 193

      Impact of Design Development on Schedule 194

      Schedule and Cost Integration 196

      Project Delays 202

      The Big Dig Lessons from Practice: Calculating Delay Costs—Bottom Up 205

      Incentives as Tactics for Keeping on Schedule 206

      Lessons Learned 209

      Summary 210

      Ethical Considerations 210

      Discussion Questions 211

      References 211

      7 Cost History 214

      Introduction 214

      Megaproject Cost Estimation Research 214

      Cost Growth History on the Big Dig 216

      The Big Dig Cost Construction Summary 229

      Lessons Learned 229

      Summary 231

      Ethical Considerations 232

      Discussion Questions 232

      References 232

      8 Cost Management 235

      Introduction 235

      1. The Project Budget Process and Cost History 236

      2. Cost Centers 236

      3. Cost Management Team 236

      4. Data Resources 240

      5. Cost Control Tools 241

      6. Strategies to Address Cost Escalation 257

      Lessons Learned 258

      Summary 260

      Ethical Considerations 260

      Discussion Questions 261

      References 262

      9 Megaprojects and Megarisk 264

      The Role of Risk Management on Megaprojects 264

      Risk Management Framework: A Shared Vision of Risk 266

      The Development of a Risk Model 267

      The Broad Context of Risk for the Big Dig 276

      Risk Management Organization 278

      Risk Strategy 280

      Lessons Learned 308

      Summary 310

      Ethical Considerations 311

      Discussion Questions 311

      References 313

      10 Quality Management 316

      Introduction 316

      What Is Quality? 317

      Elements of Quality Management 319

      Continuous Improvement 324

      Quality Programs at the Big Dig 325

      Lessons Learned 341

      Summary 344

      Ethical Considerations 344

      Discussion Questions 344

      References 346

      11 Building a Sustainable Project through Integration and Change 349

      Introduction 349

      Project Integration versus Collaboration 350

      The Relationship between Project Integration and Change Management 351

      Integration of Project Delivery 354

      Integrated Project Organization 357

      Innovative Process and Program Integration and Sustainability at the Big Dig 358

      Structuring the Change Process 382

      Lessons Learned 384

      Summary 386

      Ethical Considerations 386

      Discussion Questions 386

      References 387

      12 Leadership 391

      Introduction 391

      What Is Leadership? 392

      Characteristics of Effective Leadership 394

      Leadership Styles 395

      Leadership for the Five Stages of Program Management 398

      Ten Important Lessons on Leadership from the Big Dig 399

      Summary 410

      Ethical Considerations 410

      Discussion Questions 411

      References 412

      Appendix 415

      Glossary 419

      Abbreviations and Acronyms 453

      Index 457

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