Description
Discussion4:
Explain the difference between managerial contingency and task contingency.
Group Mid-Term: Case Study 8.1 The Hidden Costs of Infrastructure Projects—The Case of Building Dams, Page 286
1. Given the history of large cost overruns associated with megadam construction, why do you believe they are so popular, especially in the developing world?
2. Develop an argument in support of megadam construction. Develop an argument against these development projects.
Writing Requirements:
Team PowerPoint presentation(20 to 25 slides with notes)
APA format, for citations and referneces
Use the APA template located in the Student Resource Center to complete the assignment.
Each team member submits the team assignment
Project Team Member Peer Evaluation Form (Peer Evaluation Form)
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Explanation & Answer
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Project Management
Week 4
Managerial Contingency
• This is an approach in management that involves
theories that the affectivity of management is
dependent on the relationship between application of
behavioral management and unpredicted situations.
Task contingency
• The completion of the current task gives way to
process the next task, therefore, execution of a task
has to be done in a unique or specific environment.
Difference between managerial contingency
and task contingency.
• Managerial contingency execution is usually done at
project establishment level while task contingency is
executed at individual or factor levels
Difference between managerial contingency
and task contingency.
• The provisions created to meet the unforeseen problems
are the contingency reserves. Contingency reserves can
be in the form of managerial or financial in order to
mitigate the risks involved in the project.
Difference between managerial contingency
and task contingency.
• Managerial contingency will be applied to the project
level and the task contingency will be applied to the
work package or individual task level.
Difference between managerial contingency
and task contingency.
• Managerial contingencies take into consideration the
divergence in the original process or technical plan,
and the natural disasters. Task contingencies are
designed to estimate the individual tasks.
Difference between managerial contingency
and task contingency.
• If the project estimates and advances become
accurate, then the reserves for the contingency
can be adjusted.
Mega dams Construction
• There is a demand increase for mega dams in developing countries
because of massive increase in usage and distribution of electricity,
irrigation and control of floods. The cost overrun is the main criticism
of large dam projects and in most cases the costs incurred for
completion of such projects exceeds the costs estimated.
Mega dams Construction
• This leads to draining of the country’s finances therefore making them
take changes on constructing smaller and affordable dams. Despite of
the disadvantages and criticisms, countries still prefer large dam for
meeting their needs. They consider it as a symbol of prestige and
undertaking its construction as a challenging job.
Mega dams Construction
• The mega dams or large dams always provide huge
cost overruns and losses to many countries. The cost
incurred for the construction of such dams were
always exceeded the cost estimated.
Mega dams Construction
• Though the construction of large dams is a finance draining process to
almost all countries, they still prefer mega dams. The construction of
large dams is considered as a national prestige for most of developing
as well as developed countries. They consider it as an evidence of
national development and improvement of the economy.
Mega dams Construction
• In developing countries, they find it very difficult and expensive for
constructing large dams. However, for meeting the needs of electricity
generation, irrigation purposes, and inland transportation developing
countries still prefer to depend on mega dams rather than smaller dams.
Mega dams Construction
• Construction of large dams is expensive and challenging for all the
countries especially developing countries. Most of the mega dam
projects resulted in cost overrun and drain of country’s finance.
However, still nations prefer to build mega dams to showcase their
strength and growth.
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