Make Megaprojects More Modular
Research Output:
Journal Article or Conference Article in Journal
Journal article
Peer-reviewOpen access
Publication Information
Output type
Research Output:
Journal Article or Conference Article in Journal
Journal article
Peer-reviewOriginal language
EnglishPages from-to (Number of pages)
Pages 58-63 (6 pages)Journal (Volume, Issue Number)
Harvard Business Review (Issue November-December)Publication milestones
- Published - 11/2021
Publication status
Published - 11/2021
ISSN
0017-8012Publication IDs
- Scopus: 85135091514
Abstract
In conventional business and government megaprojects—such as hydroelectric dams, chemical-processing plants, or big-bang enterprise-resource-planning systems—the standard approach is to build something monolithic and customized. Such projects must be 100% complete before they can deliver benefits: Even when it’s 95% complete, a nuclear reactor is of no use. In this article, the author argues that two factors play a critical role in determining success or failure: modularity in design and speed in iteration. The article examines those factors by looking at well-known megaprojects, both successful ones and cautionary tales. It argues that "What's our LEGO?" is a key question for big projects. If you don't have a LEGO, you need to find one, or your project will be slow, expensive, and failure prone. If you have one, replicate and learn, over and over, to shorten delivery, bring down costs, and get to your revenues and benefits sooner.
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PlumX
Captures
1
Citations
13
Access to documents
Final published version
Final published version
