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RaelwayScot comments on October 2015 Media Thread - Less Wrong Discussion

5 Post author: ArisKatsaris 01 October 2015 10:17PM

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Comment author: RaelwayScot 02 October 2015 01:01:04AM 2 points [-]

Quite good Omega Tau interview on failure modes of mega projects: http://omegataupodcast.net/2015/09/181-why-megaprojects-fail-and-what-to-do-about-it/

Comment author: gwern 02 October 2015 01:09:15AM 2 points [-]

Does it cover anything beyond "What You Should Know About Megaprojects and Why: An Overview", Flyvbjerg 2014?

Comment author: Clarity 15 October 2015 07:05:35AM 0 points [-]

It looks like Flyvbjerg's article focusses on characterising risky elements of megaprojects, rather than their failure modes. The two could be conflated, but the framing is perhaps more suited to action in the podcast. Honestly though, I found the article entirely uncompelling on a mere skim, despite, great interest in the topic, and have yet to listen to the podcast, so I could be way off.

Comment author: Clarity 15 October 2015 06:58:51AM 1 point [-]

Wow! This will arm me with lots to disarm my political opponents confidence in mega projects!

An excerpt from the text RaelwayScot's link:

Megaprojects can be identified by their size — in the Billions — and also by the fact that most of them are considered a failure in terms of cost overrun, delay or the benefit delivered. Why do over 90% of such projects fail? Professor Bent Flyvbjerg of the Said Business School at Oxford University has spent his career finding out. Together with his teams he has collected lots of data about successful and unsuccessful megaprojects, and has also developed tools to help such projects increase the likelihood of success. In this episode, Bent gives us an insight into his important research.

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