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January 19, 2008

Global companies 'cannot afford to miss ME-inspired mega project era'


BY HABIB SHAIKH

JEDDAH - While project management tools have improved over the years, there is a new generation of technology from outside the project management field that can be tapped for the next opportunity, according to J. Garrett Ralls and Dr. Nazir Khaja.

"More importantly, the human experience in leading and facilitating mega projects needs to be grasped for projects to succeed. Much preparation and training is demanded, "they say in their book titled 'Command Centers in Mega Projects- Project Orchestration.'

According to the authors, in today's mega projects, no society can ignore participating in the growth emerging from the Middle East to the Pacific as the efforts under way will reshape project management and the fruits of the projects will impact major markets. "That is, where development, manufacturing and distribution take place, what technologies and related products and services are pursued and the level of purchasing power for consuming societies. Any firm with truly global aspirations needs to at least track, if not actively participate, in the new mega project era," the writers add.

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Posted by dcjaya at January 19, 2008 2:52 PM