Megaproject Sublimes
Nine out of ten megaprojects consistently fail to meet their budget, schedule, and promised benefits, highlighting a troubling trend in project management. The allure of megaprojects stems from four key "sublimes": the political appeal for visibility, the technological ambition to innovate, and the economic opportunities that arise for various stakeholders. These factors create a compelling yet often misleading narrative around the viability of large-scale projects.In this clip
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EconTalk
Bent Flyvbjerg on Megaprojects
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