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Home » Are Megaprojects Worth the Risk?
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BusinessRisk
Project Management

Are Megaprojects Worth the Risk?

Oxford University researchers say too many large, global projects fail because they are driven by false assumptions

April 18, 2016
Peter Reina
KEYWORDS Global Construction / Megaprojects / project delivery / project management / Risk Management
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5 Comments

Megaprojects are increasingly gaining worldwide popularity, often justified by claimed economies of scale and future expansion.

However, researchers at Oxford University now find that these propositions could be false, leaving large capital investments at risk to random events. Assuming bigger to be better “is a recipe for failure,” they warn in new research set for publication later this year.

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