Is your capital improvement program built to survive changing times?
Capital improvement programs are often fraught with overcomplexity and organizational limitations that can lead to poor execution. Unexpected or unanticipated events can turn seemingly strong multi-year efforts into a headache of delays and cost overruns.
The economy was in an unprecedented period of economic expansion and prosperity and all seemed good… until it wasn’t. As if not enough, labor shortages and cost/funding limits are here stay.
This outlines three ways to counter uncertainty with a little help from technology:
1) Bigger is not always better
2) Organizational Limitations
3) Poor execution