Many sectors of industry, including engineering, appreciate the importance of good project management for delivering projects in accordance with predetermined objectives. As a result, industrialists and engineering institutions have called for the inclusion of a significant proportion of project management in higher level degrees and there has been a marked increase in Continuing Professional development (CPD) courses for professionals. This book provides a clear description of the aims of project management and discusses the theory and practice of project management, particularly in relation to multi-disciplinary engineering projects, both large and small, in the UK and overseas.The New Edition features: new Chapters on stakeholders, on supply and value chain management, and on effective partnering, with revised sections on privately financed concessions; updated and expanded information on risk management; a new chapter on the project management of design; and, updated and new sections covering environmental impact and the interface with project management. The expertise of the authors gained form their promotion of effective project management through a combination of professional experience, research, consultancy, education and training should be beneficial to both students of project management and recently appointed practising project mangers. The material is appropriate to support Masters level teaching, MSc, MBA and MEng, either by universities or others, action or distance learning courses and self learning programmes.