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Unit of study_
ITLS6500: Decision Making on Mega Projects
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.
| Code | ITLS6500 |
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| Academic unit | Transport and Logistics Studies |
| Credit points | 6 |
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Prerequisites:
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None |
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Corequisites:
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ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241 or INFS5001 |
| Prohibitions:
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None |
At the completion of this unit, you should be able to:
- LO1. use the course material to identify the issues surrounding infrastructure projects and identify sources of failure and success in the decision making process
- LO2. apply concepts to develop plans to overcome barriers in the development and management of mega-projects
- LO3. apply the course concepts to communicate potential problems in mega-project management and provide strategies to overcome them.
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