Question: The Scene Megaprojects are large-scale, complex projects that typically cost US$1 billion (in Malaysia RM500 mill) or more, take many years to develop and build,
The Scene Megaprojects are large-scale, complex projects that typically cost US$1 billion (in Malaysia RM500 mill) or more, take many years to develop and build, involve multiple stakeholders (Flyvbjerg, 2014), and have substantial direct and indirect impacts on the community, environment, and budgets (FHWA in Capka, 2004). As such, megaprojects are a different type of project to manage (Flyvbjerg, 2014). Megaprojects are increasingly used as the preferred delivery model for goods and services across a range of businesses and sectors, like infrastructure, water and energy, information technology, industrial processing plants, mining, supply chains, enterprise systems, strategic corporate initiatives and change programs, mergers and acquisitions, government administrative systems, banking, defense, intelligence, air and space exploration, big science, urban regeneration, and major events. Examples of megaprojects are high-speed rail lines, airports, seaports, motorways, hospitals, national health or pension ICT systems, national broadband, the Olympics, large-scale signature architecture, dams, wind farms, offshore oil and gas extraction, aluminum smelters, the development of new aircrafts, the largest container and cruise ships,
high-energy particle accelerators, and the logistics systems used to run large supply- chain-based companies like Amazon and Maersk.
Projects are often evaluated in terms of cost, time, and scope. With scope a particular challenge lies in measuring the benefits of megaprojects as they often come in years after the project has been implemented. Moreover, megaprojects often have an impact on the
wider community and environment and a particular challenge is how to measure and include these organizational and societal outcomes in the evaluation (Fahri et al, 2015). With an increasing concern about sustainability of our society, discussion has started about the role of megaprojects in realizing sustainable development. Incorporating sustainability requires a shift in focus from managing cost, time, and scope, to managing environmental, societal and economic impact (Silvius and Schipper, 2014).
Your Task 1. PART A CASE STUDIES Conduct case studies on various megaprojects around the world. A minimum of two (2) case studies are required for this purpose. Analyse the cases in detail and prepare a comprehensive report out of it. Your analysis must include but not limited to the following elements: a) Current management practices b) Social benefits c) Economic impact d) Environmental issues
2. PART B THE MEGA PROJECT MANAGEMENT Conduct a comprehensive study on the viability of the selected megaproject. Prepare an analysis out of it. Your analysis and report must consider but not limited to these factors: a. Political, social, economical, legal, environment, physical and cultural issues. b) The complexity in organisation and delivery of this megaproject. c) Budget, finance and the costing. d) Procurement issues and strategies.
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