Question: On average, projects with budgets above $ 1 billion are delivered one year behind schedule and run 3 0 percent over budget. If this trend

On average, projects with budgets above $1 billion are delivered one year behind schedule and run 30
percent over budget. If this trend continues, $5 trillion in value will be destroyed in the projects currently
announced around the world. Considering the provided statement, analyse the main challenges that project
managers encounter when striving to ensure quality outcomes in ultra-large projects. Your response should
refer to relevant examples.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Civil Engineering Questions!