Analysis and Improvement of Megaprojects Performance

Megaprojects are large, complex, and expensive projects that often result in undesired outcomes with enormous cost overruns and time extensions. Megaprojects have been studied in many academic areas such as public planning, urban decision making, and economic analysis areas. They have been analyzed as complex hard to finance projects with economic gain and social impact. Limited research has been done in the construction industry to investigate megaprojects and to improve their performance. This research defines megaprojects in their construction management context. It analyzes their characteristics that cause time and cost overruns. Finally, it attempts to improve megaproject poor performance by presenting a set of work practices that were applied on different megaprojects.

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