by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Complexity (The Big Dig) Part 2 The list of top megaprojects with mega-cost overruns reads like a who’s/who of construction’s biggest deals. A Roll Call of Overruns The Suez Canal ran 1,900% over the original budget. The Sydney Opera House came in 1,600% over...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
Why Megaprojects Fail Part IV Institutional Structure Our discussion over the past few weeks has centered on the failure of megaprojects to come in on budget or on schedule. Two more examples: High Speed 2 High Speed 2, the United Kingdom’s planned train line...
by Simplar | Jan 14, 2021 | Risk Management
A Megaproject True Story You don’t have to look very far to find megaprojects to illustrate the causes of failure we have been discussing. The contracting team Purple Line Transit Constructors, building the Purple Line light rail in Washington D.C. announced plans to...
by Simplar | Jan 14, 2021 | Organizational Change Management, Organizational Change Management
New Year’s Resolutions 2020 has been an unusual year to say the least. Starting with a growing construction market that was anticipating a huge infrastructure bill coming out of Congress and struggling with a critical shortage of skilled labor, the year was suddenly...
by Simplar | Jan 14, 2021 | Business Failure
Bad Beliefs The Root of All Evil It took me 30 years of research to get to the hidden root cause of construction business failures: Bad management decisions are caused by firmly held bad beliefs. Beliefs In other words, whether we are aware of it or not, every...
