Related papers: What You Should Know About Megaprojects, and Why: …
The end of Moore's Law and Dennard scaling has fundamentally changed the economics of computer architecture. With transistor scaling delivering diminishing returns, architectural innovation is now the primary - and perhaps only - remaining…
The development and deployment of interstellar missions will without doubt require orders of magnitude more resources than needed for current or past megaprojects (Apollo, Iter, LHC,...). Question is how enough resources for such…
Behavioral science has witnessed an explosion in the number of biases identified by behavioral scientists, to more than 200 at present. This article identifies the 10 most important behavioral biases for project management. First, we argue…
Implementing large-scale information and communication technology (IT) projects carries large risks and easily might disrupt operations, waste taxpayers' money, and create negative publicity. Because of the high risks it is important that…
Academic research projects receive hundreds of billions of dollars of government investment each year. They complement business research projects by focusing on the generation of new foundational knowledge and addressing societal…
The so-called great divergence in the income per capita is described in the Unified Growth Theory as the mind-boggling and unresolved mystery about the growth process. This mystery has now been solved: the great divergence never happened.…
Abstract: The rising global temperatures caused by climate change significantly impact energy consumption and electricity generation. Fluctuating temperatures and frequent extreme weather events disrupt energy production and consumption…
This report reviews the Edinburgh tram project's risk management. Projects frequently overrun their cost and timelines and fall short on intended benefits. Cost, schedule, and benefit risk of projects need to be carefully considered to…
This paper introduces a three-phase heuristic approach for a large-scale energy management and maintenance scheduling problem. The problem is concerned with scheduling maintenance and refueling for nuclear power plants up to five years into…
A major source of risk in project management is inaccurate forecasts of project costs, demand, and other impacts. The paper presents a promising new approach to mitigating such risk, based on theories of decision making under uncertainty…
Artificial intelligence (AI) has been used to advance different fields, such as education, healthcare, and finance. However, the application of AI in the field of project management (PM) has not progressed equally. This paper reports on a…
US funding agencies alone distribute a yearly total of roughly $65B dollars largely through the process of proposal peer review: scientists compete for project funding by submitting grant proposals which are evaluated by selected panels of…
Denizens of Silicon Valley have called Moore's Law "the most important graph in human history," and economists have found that Moore's Law-powered I.T. revolution has been one of the most important sources of national productivity growth.…
Emerging technologies, such as big data, Internet of things, cloud computing, mobile Internet, and robotics, breed and expedite new applications and fields. In the mean while, the long-term prosperity and happiness of human race demands…
Analyzing development projects is crucial for understanding donors aid strategies, recipients priorities, and to assess development finance capacity to adress development issues by on-the-ground actions. In this area, the Organisation for…
In the last few years, the formulation of real-world optimization problems and their efficient solution via metaheuristic algorithms has been a catalyst for a myriad of research studies. In spite of decades of historical advancements on the…
Private credit assets under management grew from \$158 billion in 2010 to nearly \$2 trillion globally by mid-2024, fundamentally reshaping corporate credit markets. This paper provides a systematic survey of the academic literature on…
Risk, including economic risk, is increasingly a concern for public policy and management. The possibility of dealing effectively with risk is hampered, however, by lack of a sound empirical basis for risk assessment and management. The…
Computing systems have undergone several inflexion points - while Moore's law guided the semiconductor industry to cram more and more transistors and logic into the same volume, the limits of instruction-level parallelism (ILP) and the end…
Owing to the increasing frequency and destruction of natural and manmade disasters to modern highly-populated societies, emergency management, which provides solutions to prevent or address disasters, have drawn considerable research over…