Business & Finance

PMP1 - Activity4

In conventional business and government megaprojects--such as hydroelectric dams, chemical-processing plants, or big-bang enterprise-resource-planning systems-

Aug 27, 2025 0 views

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In conventional business and government megaprojects--such as hydroelectric dams, chemical-processing plants, or big-bang enterprise-resource-planning systems--the standard approach is to build something monolithic and customized. Such projects must be 100% complete before they can deliver benefits: Even when it's 95% complete, a nuclear reactor is of no use. On the basis of 30 years of research and consulting on megaprojects, the author has found two factors that play a critical role in determining success or failure: replicable modularity in design and speed in iteration. The article examines those factors by looking at well-known megaprojects, both successful ones, and cautionary tales. Case Study Link Using your knowledge of stakeholders, stakeholder management, and the Megaproject case studies linked above, answer the following:  a.  Develop a stakeholder matrix for a mega project b.  Describe stakeholder issues that could arise when managing a megaproject.  c.  Identify 2-3 stakeholders and their role within a megaproject.    APA format 500 words

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