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
The New Normal Ā We are entering the fourth week of this startling, confusing, confounding economic pause. It seems like a lifetime. Government-mandated cessation of economic activity in the face of a worldwide viral pandemic is a first in human history.Ā The economy...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Complexity (The Big Dig) Part 2 Ā The list of top megaprojects with mega-cost overruns reads like a whoās/who of constructionās biggest deals. The Suez CanalĀ ran 1,900% over the original budget. The Sydney Opera HouseĀ came in 1,600% over budget. The Boston Artery...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Mother Nature Is Taking Us to School Letās face it ā everything has suddenly changed. Everything. We didnāt think that Mother Nature had this much power over the clever, inventive, and industrious human race. After all, we cure disease, create artificial intelligence,...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning
How to Write A Strategic PlanĀ During This COVID Economic Downturn Ā 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...
by Simplar | Jan 14, 2021 | Business, Strategic & Project Planning
Capital ReservesĀ Contractorās Last Line of Defense Ā For the past three weeks we have been discussing the nature of capital reserves and their importance to contractors trying to manage through the depth and breadth of the current COVIDeconomic downturn. Construction...
