In this unique and comprehensive textbook, the authors examine the challenges faced all around the world with regard to major infrastructure project management, and they champion a fresh approach that takes into account the interdependencies between economic, social, political, technological and legislative environments. Managing, developing and investing in crucial infrastructure is essential to keep up with the challenges of a fast-paced and globalised world, but affecting and overseeing change requires a deep understanding of complex interlocking systems. To this end the book is neatly divided into three key parts: project appraisal, maximising integrated supply chains, and implementing value-enhancing practices.This is the ideal companion for courses on any aspect of civil engineering and construction project management including modules in infrastructure planning, infrastructure management, construction management and business management. The book will also appeal to practitioners involved in the management of capital and infrastructure projects. 50 bw illus