A project manager’s challenges in LNG megaprojects

Megaprojects are large-scale, complex ventures that typically cost $1 B or more, take many years to develop and build, involve multiple public and private stakeholders, are transformational and impact millions of people. However, $1 B is not a constraint in defining megaprojects; therefore, megaprojects are characterized by large investment commitment, vast complexity and long-lasting impacts on the economy, the environment, and society. To be competitive in today’s LNG industry, EPC companies are dealing with many challenges in managing LNG megaprojects. Some of them end up losing money rather than making a profit. Project management is of vital importance to LNG infrastructure projects be