Mega projects, such as are found in the oil and construction industry, cost huge sums and may often lead to major conflicts of interest. The complexity increases with the technological demands and political restrictions. These mega projects are therefore far more difficult to implement successfully than smaller projects.
Statoil and NTNU have signed a cooperation agreement with the University of California to study success factors in mega projects. The goal is to develop new practical organizational knowledge – which in turn should lead to better project management and business operations in new markets.