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Dear project managers and executives I have seen this many times. And doubts and concerns freeze you like a bunny looking at the two lights of the car moving to you. Look. If you're witnessing a standoff between two inflated egos, do everyone a favor: Will it feel disruptive? Yes. ​ I've seen projects lose millions because someone had to be right. Leadership is about subtraction. ​ More wisdom? Check below.
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There is a strange phenomenon in big projects. The bigger the project becomes… …the smaller your world gets. Egos kill more projects than bored consultants. I’ve seen it. Normally, it goes like that… You spend your morning discussing clause 38.4. Lunch reviewing the debt sizing. And your afternoon arguing whether a risk should be red… …or dark orange. … and what would be the right color after mitigation… Meanwhile: Interest rates move. A contractor issues a profit warning. A Government...
You arrive to the room like a child with new shoes. First project meeting. Excited. Then a guy with not much hair says… “The SPV will pass the risk down through back-to-back contracts, subject to equivalent project relief and the lenders’ step-in rights.” You nod. Of course you nod. You have a degree. Twenty years of experience. And a LinkedIn profile that says “strategic leader.” You cannot possibly ask what the hell that means. So you write “back-to-back” in your notebook. Twice. Must be...
It’s election time in New Zealand. And you know… Governments love infrastructure pipelines. Pipelines create jobs. Especially for consultants preparing slides about the pipeline. I won’t talk about NZ… today… or maybe I do later… Let’s talk about Nigeria. Yes… Nigeria has been building PPP pipelines for years. On steroids. And you know what happens if you abuse… Well… In 2020, its infrastructure commission reported adding 158 projects. Yes… projects… not speed tickets. This year, the...