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CRITICAL FACTORS DRIVING SUCCESS AND FAILURE OF MEGA PROJECTS

Author Information
Name: Sameh Makky
Country: India
Publication Details
Year: 2025
Volume: Special Issue: Volume-12, Issue-1, Year: 2025 (January-June)
Page Number: 269-272
DOI: https://doi.org/10.5281/zenodo.15362759
Abstract
Mega projects, characterized by their large scale, high complexity, and significant resource requirements, are pivotal to infrastructure development and economic growth globally. However, the success rate of these projects remains alarmingly low, with failures often attributed to a range of interrelated factors. This paper aims to critically analyze the key determinants that contribute to both the success and failure of mega projects, providing actionable insights to mitigate risks and enhance project outcomes. The paper investigates factors across three critical dimensions: planning, execution, and stakeholder management. Within planning, elements such as realistic cost estimation, comprehensive risk assessment, and well-defined objectives are examined. The execution phase focuses on effective resource allocation, adherence to timelines, and the impact of technological integration. Stakeholder management addresses collaboration, communication strategies, and alignment of interests among diverse parties involved. Utilizing case studies and data analysis, this research highlights recurring pitfalls, including scope creep, inadequate risk mitigation, and poor governance structures, while also showcasing best practices that have led to successful project completion. By identifying these critical success and failure factors, the study seeks to provide a framework for improved decision-making and strategic planning in future mega projects. This research contributes to the body of knowledge on project management by offering practical recommendations for decision makers, project managers, and industry practitioners to enhance the likelihood of success in mega projects, thereby ensuring better alignment with intended outcomes and sustainable development goals.
Keywords: Mega projects, project management, success factors, failure factors, planning, execution, stakeholder management, risk mitigation, governance.
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