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Call for Papers on managing Infrastructure Megaprojects

 

CALL FOR PAPERS

PMWJ issues new call for papers on planning and managing large infrastructure projects and programmes – air, rail, road and sea

30 August 2014 – Dallas, London, Sydney – PM World has announced a second call for papers on the topic of planning and managing megaprojects. Articles and papers on this topic were first invited in June 2014, with many new works received. Based on the interest in the topic, a second call for papers on megaproject management has been issued.

140830-pmwj26-infrastructure-IMAGEAs mentioned in the previous call for papers (see June article), The McKinsey Global Institute (2013) “estimates global infrastructure spending will be US$3.4 trillion per year between 2013 and 2030” and The Economist: “infrastructure spending in emerging economies at US$2.2 trillion annually for the period 2009-2018”. All major development banks are calling for more investment in infrastructure in emerging markets worldwide.

Photo at right: Springfield Interchange, a project to reconstruct the intersection of Interstates 95, 395, and 495 near Washington, DC, USA; image courtesy of Federal Highways Administration, US Department of Transportation.

According to Managing Editor David Pells, “If Prof Bent Flyvbjerg at Oxford is correct in stating that 90% of megaprojects fail to meet cost, schedule or performance objectives, then more knowledge is needed on this topic. Apparently infrastructure megaprojects are some of the worst performers, due to both underestimates of cost and overestimates of future demand.”

“If it weren’t so serious, this could be funny,” Pells adds. “How can so many highly educated and experienced experts get these projects so wrong? While there are now many researchers busy studying this subject, I suspect there are some unseen issues and causes at work. If you have some experience or perspective on the subject, please send us an article.”

Researchers, practitioners and professional leaders are invited to submit an original article or paper related to planning and managing infrastructure megaprojects for publication in the PM World Journal. Industry executives are invited to share their knowledge or opinions as well. Maybe someone knows what is going on in this important sector. Submissions should be emailed to [email protected]

PM World Journal (PMWJ) is a web-based monthly publication featuring dozens of articles, papers and stories about projects and project management around the world. The PMWJ is produced by PM World, which also operates the PM World Library (PMWL), a global resource for continuous learning in portfolio, program and project management (P/PM). To read the latest PMWJ, go to http://www.pmworldjournal.net/; to learn more, visit http://www.pmworldlibrary.net/.

Editor’s note: We do not publish topic-specific issues of the PM World Journal.  Works submitted in response to this call for papers can be published at any time in the future, so please consider sending an original article now or in the future – to [email protected].