Feb 2024


Grey Papers

Megaprojects in the Energy & Chemical Industries - Part 2

Operational Excellence

In the Pilko Grey Paper Series, “Megaprojects in the Energy & Chemical Industries,” leaders, executives, and board members who have project oversight responsibilities will discover why megaprojects fail, the key steps for avoiding failure, and other valuable takeaways to help ensure continued success.

Industrial megaprojects can elevate companies to new strategic heights. However, when improperly planned and executed, opportunities are missed, and outright disasters can occur. By some estimates, 70% of all megaprojects fail.

In this second installment of “Megaproject Failures”, we explore the single most important element of any project: Establishing a solid business case.

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