The fourth industrial revolution and technological advances have been accumulated into the development of smart cities, which has been influencing the shape and value of human life. South Korea has implemented the national project of building a model smart city that is futuristic and innovative. Two megaprojects are underway the Sejong Administrative City (Sejong 5-1 Life Zone) and the Busan Eco Delta City (Busan Eco Delta Smart City) and have been designated as the national model cities. This study aims to develop a model for assessing the excellence of megaprojects. For this purpose, we analysed the case of smart city cases of National pilot smart city. International Project Management Association (IPMA) has provided Project Excellence Model (PEM) for assessment of project excellence. However, megaprojects like smart cities have a completely different character compared to general projects that have existed. It is necessary to develop a new model that is appropriate for assessment of megaprojects. We propose the Segway model to evaluate megaprojects. The Segway model can provide a meaningful contribution for “the assessment“ of megaproject excellence by analysing the connectivity of the megaproject success factors and PEM.
|Title of host publication||Research on Project, Programme and Portfolio Management|
|Subtitle of host publication||Integrating Sustainability into Project Management|
|Place of Publication||Switzerland|
|Publisher||Springer Nature Switzerland AG|
|Number of pages||12|
|Publication status||Published - 2021|
|Name||Research on Project, Programme and Portfolio Management|