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Closing Remarks

In: Risk Navigation Strategies for Major Capital Projects

Author

Listed:
  • Asbjørn Rolstadås

    (Norwegian University of Science and Technology)

  • Per Willy Hetland

    (Norwegian School of Management)

  • George Farage Jergeas

    (University of Calgary)

  • Richard E. Westney

    (Westney Consulting Group, Inc.)

Abstract

This book began with the authors challenging the notion that projects are inherently predictable and that it is therefore a reasonable management goal to insist that project leaders and teams demonstrate predictable outcomes. We note that the history of major capital projects, in every category, demonstrates that this is a false hypothesis; in fact, the nature of major capital projects creates a foundation for significant unpredictability.

Suggested Citation

  • Asbjørn Rolstadås & Per Willy Hetland & George Farage Jergeas & Richard E. Westney, 2011. "Closing Remarks," Springer Series in Reliability Engineering, in: Risk Navigation Strategies for Major Capital Projects, chapter 0, pages 173-175, Springer.
    • Handle: RePEc:spr:ssrchp:978-0-85729-594-1_14
    DOI: 10.1007/978-0-85729-594-1_14
    as

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