Most big projects are at risk of going disastrously wrong because their risk is fat tailed. Fat tails contain very high costs or very high cost overruns. For the best majority of projects, the tails are fed and this means that it's difficult to predict things such as floods and fires. But you can still mitigate against it.
Bent Flyvbjerg shares his insights on the key principles that distinguish successful big projects from the failed ones. Through his research and experience, he identifies important factors such as understanding the odds, planning slow and acting fast, and starting with the end goal in mind. Join us as we explore how to master the unknowns and achieve wild ambitions with Flyvbjerg's guidance.
Subscribe for ad-free interviews and bonus episodes https://plus.acast.com/s/the-unmistakable-creative-podcast.
Hosted on Acast. See acast.com/privacy for more information.