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Underestimating project complexity is widely accepted as one of the major causes of project failure. Based on international benchmarking activities (Merrow, 2010), we know that an average of 40% of projects do not deliver what they promised; for megaprojects in the oil and gas industry this figure is even worse (Ernst&Young, 2014). As with most external factors, many of the causes and consequences of complexity are difficult to avoid or control. When dealing with complexity, standard practices in the field of project management often overlook the inherent uncertainties linked to the length and scale of engineering and infrastructure projects and their constantly changing environments. The situation is exacerbated by rapidly evolving technologies and social change. Attempts to overcome these challenges by simply trying to reduce their causes is not enough. In this course, you will learn our approach to mastering complexity, focused on front-end development and teamwork, which will help you develop the skills you need to make timely actions in order to tackle complexities and improve your chances of project success. You will learn how to enhance your own capacities and capabilities by ensuring you have the necessary balance of complementary skills in your team. Project success starts with recognizing the main drivers of complexity, which can be highly subjective and highly dynamic. In this course, you will learn to identify what makes a project complex and how to perform a complexity assessment. Examining the elements of a project (such as interfaces, stakeholders, cultures, environment, technology, etc.) and their intricate interactions is key to mastering complexity. You will analyze these elements in the context of your own project. Then, based on our complexity framework, you will identify the complexity footprint of your project and use it to adapt your management processes. With personalized guidance and feedback from our world-class instructors, you will learn how to recognize what competencies you need to develop and how to adapt your management style accordingly, not only to improve project performance but also to enhance your decision-making capacity. This course has been designed by TU Delft’s international experts on Project Complexity, and is based on more than 60 years of practical experience as well as relevant research in the field. “We see projects still fail and there is a need to do things differently. That’s what this course is about: delivering the best practices for project execution based on our state-of-the-art research.” – Professor Hans Bakker.
- Subjects:
- Building and Real Estate
- Keywords:
- Construction industry -- Management Complexity (Philosophy) Project management
- Resource Type:
- Courseware
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Courseware
Project Evaluation covers methodologies for evaluating civil engineering projects, which typically are large-scale and long-lived and involve many economic, financial, social and environmental factors. The course places an emphasis on dealing with uncertainty. Students learn basic techniques of engineering economics, including net present value analysis, life-cycle costing, benefit-cost analysis, and other approaches to project evaluation. Examples are drawn from both contemporary and historical projects in various fields, including transportation systems, urban development, energy and environmental projects, water resource management, telecommunications systems, and other elements of the public and private projects and programs.
- Subjects:
- Building and Real Estate
- Keywords:
- Sustainable engineering Infrastructure (Economics) Project management
- Resource Type:
- Courseware
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Courseware
This business and management course will focus on the necessary project management skills to successfully manage projects, distinguishing three areas: the project manager and the team, the project process and the project context. The course focuses on the early project phases, including examples from technical projects within various sectors and industries (amongst others, but not limited to, infrastructure projects and construction projects).
- Keywords:
- Engineering -- Management Project management
- Resource Type:
- Courseware