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When you realize that the celibacy of Catholic priests, cardinals, and even the Pope has more to do with issues arising from the inheritance of descendants than with a mythical sacrifice to devote themselves to God... you realize that they’ve been deceiving you, manipulating you, creating obedient little sheep. ​ This case is not unique. ​ People's minds are full of preconceptions, fixed ideas, and false myths. ​ In all aspects of life. Laws. Regulations. Politics. Religion. Etc. ​ Personal finance, contract management and business are not different. But, as I don’t care what’s on the TV or social media, these things touch me every day. And they touch you every day too. ​ People were told stories. They believed them. Without understanding the why of the myth. ​ This is what I try to do in the course below. Perfect thing to do in a weekend. Learn and fill your head with new thoughts and perspectives. ​ This course is about mistakes in a project, but you could apply the learnings to any project, to any business and even your life because I try to go to the root of the whys and the myth creation. ​ I challenge you. What are you going to do this weekend that will mark a milestone in your path? ​ I propose you this. ​The 15 Lessons Learned of a PPP Project Nightmare​ ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. ​ ​ |
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When you spend enough time in Europe, you usually end dealing with a bank. It’s as lovely as a tooth pain. The EU is the bureaucracy hell of the world. A place that tells you even how the cap of a bottle of coke must be… and of course, they did not think about any market testing or user case. What for? Well… Banks. You can’t live without them, but you hate them. Mastodonts with benefits. Shield by government. Too much money invested in lobbies… or finding imaginative solution to hide bribes...
Many people challenge my preferred RFP strategy for PPPs: “Pre-qualify strong consortia, set a minimum technical pass/fail, and award to the best NPV bidder? They’ll just bid low and renegotiate later!” I get it. That tactic has been abused in Latin America for years. But we need to ask: Why has +20% (often +50%, +100%, +200%) become almost inevitable there? Let’s look at the real causes: Why PPP prices skyrocket after award 1) Renegotiation is systemic. In transport PPPs, up to 78% of...
Africa. Mid-2010s. You’re in the middle of a multibillion-dollar PPP. Your consortium is assembled. Your lenders are mobilized. Your bid team is burning cash like Tesla compensating executives… The agency launches the RFP. Everyone is excited. A fair, competitive process… in theory. And then it starts: Deadline extended. “More time to refine proposals,” they say. Another extension. Silence. And then another. “These guys don’t seem ready” Drop a new batch of documents in the data room. (Oh,...