Professor Karen Frick Discussed the 7 “C”s of Megaprojects:
- Control (lack of)
Example of a mega project would be the One World Trade Center in New York City. This building took 7 years and 3.8 billion to construct the tallest building in the Western Hemisphere. Colossal, Captivating, and Complex are 3 C’s that I would use to describe this project.
- Colossal: This megaproject being a freestanding building, it is colossal with its size and scale being the fourth tallest skyscraper in the world.
- Captivating: The building gives the sense it has the responsibility to represent the post-9/11 rebirth and resilience.
- Complex: Building wise, this large steel structure has a concrete core for additional security and strength. Being an extremely expensive and modern building, there were several back and forth with the design and complexity to build it.
I believe because of the sheer historical relevance of this building, it was deserving of mega project status. Despite some controversy in design, the overall budget was not heavily underestimated (about 9 million over budget). I think it fulfills its own technological sublime and sits well in the NYC skyline. I would consider this project a successful mega project.
Looking at the McKinsey Reading we see that three main reasons for project failure are:
- Overoptimism and Overcomplexity
- Poor execution
- Weakness in organization design and capabilities
As per the McKinsey reading, I believe the One World Trade Center fulfills the promise of the mega project as it:
- Do the engineering and risk analysis before starting construction
- Streamline permitting and land acquisition
- Build a project team wit the right mix of abilities