Читать книгу Capital Projects - Barshop Paul - Страница 8
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FALLING SHORT OF EXPECTATIONS
HOW EXECUTIVES STRUGGLE TO DELIVER THE VALUE FROM THEIR CAPITAL PROJECTS
Results Apply to All Types of Projects
ОглавлениеThe results of this study of industrial projects are important to you even if you are not an executive involved in a multimillion-dollar project to build a new factory. The conclusion that capital projects often fall short of delivering the expected business value applies to any type of project. It does not matter whether the project is to construct a new office building or to develop new software. In fact, the performance of capital projects done by companies with less experience and less infrastructure for doing projects is probably a lot worse. The industrial companies in my study are capital intensive, spending hundreds of millions and in many cases billions in capital every year to build new or to refurbish their assets. Despite the importance of capital to their long-term success, these companies still struggle to consistently deliver the expected business value from their projects. Imagine the challenge for the executives of a company that only does the occasional capital project!