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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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It’s surprising human’s resistance to change. A clause. A clause destined to fail. And it did. Problems. Disputes. Relationships destroyed. Delays. Claims. And you know what… They repeat in the next project… Even if it is evident that the clause will generate issues. Too much grey. Sometimes this grey has advantages within a group of reasonable and experienced people. But unfortunately, common sense is uncommon. I explained the issue. Everybody nodded. And of course… the clause remained…...
I love going to local markets. I tried one this weekend. All vendors shouting: “Try this.” “Taste that.” “Best cheese in town.” “Organic honey.” Everyone fighting for your attention. It’s nice. It feels human. You try things. You buy things. You feel good helping local producers. I love that. But price is sometimes an issue. It’s not cheap. And it can’t be cheap. These guys work at very small scale. Their margins need to be enormous just to make a living. I don’t blame them. And honestly,...
I’m an engineer. By accident. But an engineer nevertheless. I’ve seen landslides during construction, and after construction. Specifications not converting properly between inches and cm. Expansion joints popping up in summer like popcorn. Pavement failing in the first winter after opening. Subcontractors going broke. Or bought by the competition you stole the project from… But still… 80% of serious PPP failures are NOT technical… They are contractual. Risk allocation errors Toxic KPI regimes...