Listen to this free podcast interview with Frank Parth at the PMI Global Congress 2014 in Phoenix, Arizona.

1. Episode 304: Planning and
Controlling Megaprojects
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In this interview Frank Parth (http://www.projectauditors.com) looks at the classical
project management approaches that focus on delivering the final product within cost
and schedule constraints once the project enters the execution phase. We talk about
multiple lines of research that show that the ultimate success of a complex program has
very little dependency on how the program is managed once the construction phase
begins and far greater dependency on what happens before that phase begins. If a $10
billion dollar refinery runs late and over budget, the failure has started long before the
project schedule was created or the engineering/procurement/construction (EPC) process
began. All of the serious research in this area shows that the only part of the effort where
traditional project management approaches make sense in the later stages, the
engineering and EPC stages. Earlier phases take a different approach to ensure success.
Furthermore we discuss an overview of current project management practices; current
research on megaprojects; development stages for efforts on this scale; and some
recommendations.
Interview with Frank Parth recorded at the PMI Global
Congress 2014 in Phoenix, Arizona.

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At the PMI Global Congress 2014 in Phoenix, Arizona

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To listen to this Interview you may download the audio at:
Episode 304:
http://hwcdn.libsyn.com/p/1/e/f/1ef34116345221c1/PM_Podcast_304_2015_01_1
2_frank_parth.mp3?c_id=8181363&expiration=1422397162&hwt=30a96cebbf4785
10b755b6dd62fabe78
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https://itunes.apple.com/us/podcast/project-management-podcast/id79900698#

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