Capital Project Predictability
Capital Project Principles for Executive Decision-Makers
If you’re at the helm, your ability to understand and apply these two key capital project principles could be the difference between success and failure.
If you’re at the helm, your ability to understand and apply these two key capital project principles could be the difference between success and failure.
Capital project management training has fallen through the cracks. The path to leadership remains woefully unclear, and that should worry us all. For if we’re not entirely clear on what it takes to become a capable capital project manager, is it really any wonder that most major capital projects are unpredictable, late and over budget?
The magic recipe for predictable project delivery includes a project sponsor who understands and champions Predictability Thinking™ at all levels. Sponsors can achieve this by collecting experience in all aspects of capital project delivery, or they can achieve it by making a conscious effort to study and understand it.
Now, more than ever, capital project leaders need a comprehensive understanding of capital project delivery models, and they need to master Predictability Thinking to succeed. Here’s why.
In an era of profound technological disruption and intergenerational change, perspective matters more than ever, writes Olfa Hamdi.
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