Project Interface Management

The long planning horizons of complex industrial and other major capital investment projects defy the traditional project management concept of deterministic schedules, costs, risks and assumptions. Large cost overruns and benefit shortfalls are all too common. Virtually all major capital investment projects involve complex interfaces among diverse stakeholders, many of which have no direct contractual relationships, yet they share critical interfaces that can mean the difference between great successes and huge failures.This cutting-edge book presents a holistic view of a much needed new discipline called Interface Management that includes people, processes, tools and techniques and aligns critical interactions among project management, systems engineering and operations management across multiple stakeholder entities to reduce project risk and increase successful system design, development, completion and transition of complex major capital investment projects.