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Risk management in a mega-project: the Universal EXPO 2015 case

Author

Listed:
  • Giorgio Locatelli
  • Mauro Mancini

Abstract

The paper analyses the literature on risk management in mega-projects suggesting possible mitigation actions to be considered in the stakeholders' management. EXPO 2015 represents a perfect project to understand the strength of a rigorous methodological approach to uncertainty and the need for a mature consciousness at managerial level on these topics. Analysing real available data on this project, the number of visitors appears overestimated, so, by adopting a framework, called SHAMPU, the paper quantifies the relative impact and provides possible mitigation actions. Practical actions crossing the risk management phases in mega projects proposed by literature are suggested in the conclusions.

Suggested Citation

  • Giorgio Locatelli & Mauro Mancini, 2010. "Risk management in a mega-project: the Universal EXPO 2015 case," International Journal of Project Organisation and Management, Inderscience Enterprises Ltd, vol. 2(3), pages 236-253.
    • Handle: RePEc:ids:ijpoma:v:2:y:2010:i:3:p:236-253
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    Cited by:

    1. Giorgio Locatelli, 2018. "Why are Megaprojects, Including Nuclear Power Plants, Delivered Overbudget and Late? Reasons and Remedies," Papers 1802.07312, arXiv.org.

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