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How Megaprojects Are Damaging Nigeria and How to Fix It - Christoph Loch, Kishore Sengupta, Jimoh Ibrahim

How Megaprojects Are Damaging Nigeria and How to Fix It - Christoph Loch, Kishore Sengupta, Jimoh Ibrahim

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Springer Nature Switzerland AG

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Since 1960, two-thirds of very large governmental projects in Nigeria have not only failed, but been abandoned mid-course. This presents a bigger failure rate than mega projects elsewhere, and yet there is no available data or analysis to help us understand the reasons behind such failures. This book provides an authoritative examination into why very large projects in Nigeria have failed so badly, and provides practical recommendations on how the Nigerian government can improve its project performance.Drawing on data from 38 very large projects (19 completed and 19 abandoned) with a total budget of over $25B, this book presents detailed analysis of these projects and in-depth case studies 11 of the projects, and presents lessons for improvement. Through this, the authors have identified a small number of key success drivers, and argue that making moderate improvements on any of them would, on average, save hundreds of millions of dollars on one large project alone.This book is a game-changer in the management of government mega projects in Nigeria. With clear implications for other developing economies, this is a vital resource for project management practitioners, executives and civil servants.This is an open access book.
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EAN
9783030964733

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