Megaprojects – Concepts, Strategies, and Practices for Success

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Over half of all industrial megaprojects are failures. Get expert insights on how to drive success, no matter your role.

Course Description

Megaprojects are the most challenging projects that we do. When successful, they are also the most satisfying and rewarding projects that we do. Due to the unique challenges presented by megaprojects, it is imperative that every present and future megaproject director, business sponsor, and team member understands how to generate success. Come learn and discuss what the data on over US$3 trillion worth of industrial megaprojects reveal about the root causes of success and failure.

Spend three fun and intensive days learning from industry experts about what makes megaprojects tick. Whether your focus is upstream, downstream, chemicals, renewables, pharmaceuticals, mining, or infrastructure, this seminar will pay for your time and effort many times over.

Who Should Attend?

This course is intended for individuals with 5+ years of project management experience, those preparing to lead megaprojects for the first time, project team members, and business sponsors. Attendees should be familiar with the phased, stage-gated process for project development as well as basic project concepts.

KEY Benefits

  • Understand the critical drivers of megaproject success
  • Learn different strategies required for megaprojects versus smaller, less complex projects
  • Discover the risks for defining and executing megaprojects and risk mitigation approaches
  • Understand the project leader’s role in generating successful project outcomes
  • Gain insights into different contracting approaches and their effects on outcomes
  • Identify the key criteria to select megaprojects that best meet business needs
  • Recognize the resourcing needs to effectively manage, plan, and execute a megaproject
  • Implement a formal opportunity shaping process to stabilize the
    project environment

Course Topics

  • IPA Data and Methodology
  • Outcomes and Trade-Offs
  • The Opportunity Shaping Process
  • Devising the Shaping Strategy
  • Basic Data
  • Teams and Leadership
  • Organizing Teams for Megaprojects
  • Translating Ideas and Data to Scope (FEL 2)
  • Preparing to Execute (FEL 3)
  • Contracting
  • Control of Execution Risks
  • Megaprojects and Corporate Governance

Course Review
“The course awesomely disclosed major root causes of (project) failures, and that gave me food for thought on where my attention should go in managing the next project(s).”
Public Course Participant

Course Background

All course instruction, presentations, and supplementary course materials are rooted in IPA’s decades of experience evaluating projects and project systems and conducting quantitative research into capital project issues and trends. IPA maintains a proprietary projects database with detailed information on hundreds of megaprojects in the petroleum, minerals, chemicals, and power industries. These projects represent an average cost of $3.5 billion (in 2010 terms) and over 80 sponsor organizations. Each project is characterized by over 3,000 project attributes that enable IPA to perform detailed analyses of the project phases, project management practices, and performance.

Pricing & Discounts

US$2,250 if registered by 23 June 2024

US$2,500 if registered after 23 June 2024

Register 3 and send a 4th for free!



Download the course brochure for additional details.

* Registration fee in U.S. dollars


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