Category: Capital Project Challenges
-
Governance needs to respond to the evolving risk profile of a capital project
Governance can be mistreated as oversight. In practice, it is the system that decides how risk becomes commitment, how information becomes action, and how capital becomes exposed. It’s more than a monthly steering pack. This video looks at how governance can contain uncertainty or amplify it. Over-control slows response. Weak visibility hides truth. Early rigid…
-
Decision latency is the cost of waiting
Decision latency is the gap between knowing action is needed and taking it. In capital projects, that delay can convert uncertainty into cost, claims, lost options and burnt time. This video explores why decisions stall: unclear authority, slow governance, too many layers, and alignment cycles that outlast the useful window to act. Waiting can feel…
-
Dependency visibility helps decision making and shortens timelines
Projects are networks of dependencies. Engineering depends on vendors. Construction depends on logistics. Commissioning depends on quality. One delay can trigger five more if nobody sees the chain in time. This video explains why dependencies becoming invisible is a risk, how minor issues become cascading failures, and why seeing relationships between work packages is a…
