Michael Mauboussin mentioned this as one of his favorite books of 2023.
"How Big Things Get Done" by Bent Flyvbjerg and Dan Gardner explores the process of making large-scale initiatives successful. The book delves into the reasons behind the failure of mega-projects and offers insights on how to navigate the complexities and uncertainties that accompany them.
Flyvbjerg and Gardner discuss various case studies, drawing from diverse sectors such as transportation, technology, and urban planning. They highlight the common traps and biases that often lead to cost overruns, schedule delays, and performance failures in large projects. The authors bring attention to the planning fallacy, optimism bias, and strategic misrepresentation, among other factors that contribute to project mismanagement.
The book provides a comprehensive framework for understanding and addressing these challenges. By emphasizing the importance of accurate data, rigorous analysis, and realistic estimation, Flyvbjerg and Gardner propose ways to improve decision-making and project governance. They argue that incorporating more transparency and accountability can help prevent significant failures in mega-projects.
In addition, the authors explore the role of power and politics within these large initiatives. They highlight the influence of stakeholders, both from within and outside the organization, on project outcomes. By analyzing key players and their motivations, the book offers strategies to effectively manage complex relationships and navigate power dynamics.
"How Big Things Get Done" offers valuable insights for project managers, policymakers, and anyone involved in steering large-scale initiatives. It provides a roadmap for overcoming the challenges inherent in mega-projects by adopting a more realistic and evidence-based approach. The book's combination of in-depth analysis, practical advice, and real-world examples makes it an essential resource for tackling the complexities of getting big things done.