Megaprojects and Risk: An Anatomy of Ambition by Flyvbjerg, Bent [Paperback]

Description: Megaprojects and Risk provides the first detailed examination of the phenomenon of megaprojects. It is a fascinating account of how the promoters of multi-billion dollar megaprojects systematically and self-servingly misinform parliaments, the public and the media in order to get projects approved and built. It shows, in unusual depth, how the formula for approval is an unhealthy cocktail of underestimated costs, overestimated revenues, undervalued environmental impacts and overvalued economic development effects. This results in projects that are extremely risky, but where the risk is concealed from MPs, taxpayers and investors. The authors not only explore the problems but also suggest practical solutions drawing on theory and hard, scientific evidence from the several hundred projects in twenty nations and five continents that illustrate the book. Accessibly written, it will be the standard reference in its field for students, scholars, planners, economists, auditors, politicians and interested citizens for many years to come.

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EAN: 9780521009461

UPC: 9780521009461

ISBN: 9780521009461

MPN: N/A

Item Length: 22.6 cm

Number of Pages: 215 Pages

Language: English

Publication Name: Megaprojects and Risk: an Anatomy of Ambition

Publisher: Cambridge University Press

Publication Year: 2003

Subject: Engineering & Technology, Government, Sustainability

Item Height: 228 mm

Item Weight: 367 g

Type: Textbook

Author: Bent Flyvbjerg, Werner Rothengatter, Nils Bruzelius

Subject Area: Family Sociology, Social Psychology

Item Width: 153 mm

Format: Paperback