After decades of studying why big projects go awry, #OxfordUniversity prof #BentFlyvbjerg offers advice on how to keep things on track. Decades ago Oxford prof Flyvbjerg sought to find out how often major infrastructure projects were completed on time, on budget. He found no one kept track, so he created his own database - the vast majority of #megaprojects those w value of at least $1B did not meet their budget or deadline. #IT upgrades were among those w worst outcomes. https://www.washingtonpost.com/transportation/2023/04/28/infrastructure-projects-time-budget/

They say never meet your heroes, but ones you can make blush via a LinkedIn post can't be all bad.

#BentFlyvbjerg #RationalityAndPower

So apparently one of my favourite authors in #policy and #management, Prof. Bent Flyvbjerg (who I really wish would come to Mastodon), has a new collab book out with Dan Gardner:

“How Big Things Get Done: The Surprising Factors That Determine the Fate of Every Project, from Home Renovations to Space Exploration and Everything In Between”

Very much looking forward to reading it.

https://a.co/d/7VCOrLZ

#BentFlyvbjerg #DanGardner

(4) Get BIG things done: #LEGO fix

LEGO picking the plastic brick in the 1950s as the centerpiece of its business = a fitting #corporatestrategy: LEGO turned a small thing into something much bigger.

“That’s the question every project leader should ask: What is the small thing we can #assemble in large numbers into a big thing?What’s our LEGO?”
-#BentFlyvbjerg, #Oxford economist.

0.5% of big projects: delivered on budget. Dr. #Flyvbjerg’s lessons on why they succeed, are the LEGO fix.

#WSJ

(4) Get BIG things done: #LEGO fix

LEGO picking the plastic brick in the 1950s as the centerpiece of its business = a fitting #corporatestrategy: LEGO turned a small thing into something much bigger.

“That’s the question every project leader should ask: What is the small thing we can #assemble in large numbers into a big thing?What’s our LEGO?”
-#bentflyvbjerg, #Oxford economist.

0.5% of big projects: delivered on budget. Dr. #Flyvbjerg’s lessons on why they succeed, are the LEGO fix.

#WSJ

@nova The European Perspective. A newsletter about what relevant Europeans do, write and think.

https://europeanperspective.substack.com/

#Europe #EuropeanPerspective

I've covered megaprojects (cost overruns and delays, the work of #BentFlyvbjerg) and I'm currently writing about European series produced by Netflix.