by Simplar | Jan 14, 2021 | Business, Strategic and Project Planning
2020 Solution #1 Promote Your CFO To a Trusted Member of Your Management Team 2019 Risk # 1 – Catastrophic Collapse Unexpected Catastrophic Failure of Contracting Firms Both Large and Small As we discussed in 2019, construction contracting is the second...
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, the United Kingdom’s planned train line that would run...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
Why Megaprojects So Often Fail With a total capital cost of $1 billion or more, megaprojects are extremely risky ventures, notoriously difficult to manage, and often fail to achieve their original objectives. The question is why. The construction industry is one of...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
How to Write A Strategic Plan During This COVID Economic Downturn A constant search for answers caused me to look back at some of the work we did on managing construction concerns in cyclical markets. I took a look at the teaching in Managing the Profitable...