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Unit of Study

Decision Making on Mega Projects
UoS Code ITLS6500
Credit points 6
Offered Semester 1
Prerequisites None
Corequisites ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241 or INFS5001
Assumed Knowledge
Additional Information
Lectures 8 x 3.5 hr lectures, 4 x 3.5 hr workshops. Refer to timetable for full details.
Assessment 2x individual assignments (40%), group assignment (30%), final exam (30%)
Description Infrastructure is crucial to economic performance; without it business cannot operate efficiently or competitively. Delivery of large infrastructure projects, however, is complex and despite many more megaprojects being undertaken than any time in history, the majority of these projects are completed significantly over?budget and longer than planned. In this unit students will be introduced to megaproject decision making. The sources of social and technical complexity are discussed, issues of risk management and governance explored, and human biases in decision making are also highlighted. Strategies to overcome weaknesses in mega?project decision making are also outlined.