Risk Navigation Strategies for Major Capital Projects Beyond the Myth of Predictability

Investors and managers of large-scale projects are all too familiar with cost overruns and schedule delays. Risk Navigation Strategies for Major Capital Projects builds on conventional best practices, offering a risk-based approach to planning and executing complex international projects.

As projects grow in scope and complexity, economies of scale demand new strategic thinking. Traditional notions of predictability—based on strict adherence to best practices—are no longer sufficient in an environment where external risks play a major role. This book presents a fresh perspective on managing uncertainty, providing a framework to elevate project management practices.

Designed for executives, project leaders, and managers investing in major projects, as well as educators and researchers in project and risk management, this resource delivers essential strategies for navigating the challenges of today’s large-scale initiatives.