
20 Minute Books How Big Things Get Done - Book Summary
Nov 7, 2023
The podcast discusses the success and failure of large-scale projects, including the risks of cost overruns and the sunk cost trap. It emphasizes the importance of adaptability in project management and explores the concept of right to left thinking. The chapter also highlights the Guggenheim Museum in Bilbao, Spain as a successful example. Additionally, it provides insights on avoiding the commitment fallacy and achieving ambitious goals through rational decision-making and transparency.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
The Challenge of Large-Scale Projects and Complex Systems
03:21 • 2min
Cost Overruns, Sunk Cost Trap, and Lessons from the California High Speed Rail Project
05:32 • 4min
Maintaining an Adaptive Stance: The Magic of Right to Left Thinking
09:27 • 8min
Avoiding the Commitment Fallacy and Achieving Ambitious Goals
16:57 • 2min
