Megaproject

Itaipu Dam in South America, an example of a 20th-century megaproject
The Trans-Siberian Railway and other railways in the Asiatic part of the Russian Empire were important 19th-century megaprojects.

A megaproject is an extremely large-scale construction and investment project.[1] A more general definition is "Megaprojects are temporary endeavours (i.e. projects) characterised by: large investment commitment, vast complexity (especially in organisational terms), and long-lasting impact on the economy, the environment, and society".[2]

Megaprojects refer not only to construction projects but also decommissioning projects, which are projects that can reach multi-billion budgets, and have a high level of innovation and complexity, and are affected by a number of techno-socio-economic and organizational challenges.[3][4]

The OFCCP Mega Construction Project (Megaproject) Program involves projects valued at over $35 million.[5]

  1. ^ "Megaproject: The Effective Design and Delivery of Megaprojects in the EU". European Cooperation in Science and Technology.
  2. ^ Brookes, Naomi J.; Locatelli, Giorgio (2015-10-01). "Power plants as megaprojects: Using empirics to shape policy, planning, and construction management" (PDF). Utilities Policy. 36: 57–66. doi:10.1016/j.jup.2015.09.005. S2CID 8165155.
  3. ^ Invernizzi, Diletta Colette; Locatelli, Giorgio; Brookes, Naomi J. (October 2017). "Managing social challenges in the nuclear decommissioning industry: A responsible approach towards better performance". International Journal of Project Management. 35 (7): 1350–1364. doi:10.1016/j.ijproman.2016.12.002.
  4. ^ Invernizzi, Diletta Colette; Locatelli, Giorgio; Grönqvist, Marcus; Brookes, Naomi J. (2019-01-28). "Applying value management when it seems that there is no value to be managed: the case of nuclear decommissioning". International Journal of Project Management. 37 (5): 668–683. doi:10.1016/j.ijproman.2019.01.004. ISSN 0263-7863. S2CID 115941020. Archived from the original on 1 Feb 2019. Alt URL
  5. ^ "Office of Federal Contractor Compliance Programs: Mega Construction Project Program".