Reference framework, top talent crucial to managing large projects

Roberto Nava Tiziano Rivolta Bain & Co. Milan Large projects, increasingly complex and technologically demanding, confront oil and gas companies with an expanding barrage of challenges. Schedules and budgets are tight, safety is crucial, and every project faces a network of stakeholders concerned about its impact on the environment and communities. Even so, today's project managers still rely on concepts that the builders of the Colosseum, as well as other large projects of antiquity, would recognize: work breakdown plans, design-to-cost, and make-or-buy decisions. For example, an army of workers took less than 10 years to complete the Colosseum in AD 80 using 100,000 cu m of traverti...

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