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If you have a boss. Or if you are a boss. You know what moves your ass, right? You know it perfectly. “No trouble”. That’s it. So sad, and so true. “Don’t bother me. Don’t put me in trouble. Over average results, but not too much, otherwise, I don’t know what objectives, bonuses, etc. discuss with you… My biggest fear? To be fired.” This is many bosses’ minds. You may like it or not, but that’s what we have. Specially in big corporations. Being fired is the main worried of most bosses, screwed in a great seat with a good salary and the kids in private school, with the Audi Q7 to be paid yet, and the holidays to Mexico in a 4-star hotel already booked making the most of the latest promotion… Well… now, you can do with this information whatever you want. Up to you. I have a few ideas. You can pick up my brain in the link below... Only until 31 January.
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You hear this word a lot in PPP meetings. Bankable. “This contract must be bankable.” Everyone nods. No one asks the obvious question. What does bankable actually mean? Let me translate. A PPP contract is bankable when a bank can look at it and say: “Fine. If everything goes wrong… we still get our money back.” That’s it. Not innovation. Not sustainability. Not beautiful PowerPoints. Money back. In Question 50 of the course below, I explain what really makes a PPP contract bankable. Because...
Innovation is one of the biggest fallacies in construction and PPP contracts. Governments love the word. It appears in every PowerPoint presented to ministers, investors and journalists. Innovation. Innovation. Innovation. But what exactly is innovation? A toilet that cleans your as$ with a water jet and eliminates toilet paper. Innovation? Maybe. Maybe not. It depends. In Question 28 of the course below, I explain how “innovation” actually works in PPP bids. How to win points if you are...
One of my fauvorites… A toll road PPP. Beautiful business model. Traffic studies. Economic growth projections. Sophisticated demand modelling. Consultants everywhere. Like queuing for free ice-cream… The road opened in 2007. The project was the South Bay Expressway SR‑125 toll road. Everything looked perfect on paper. Except for one small detail. Drivers. They didn’t show up. The financial model predicted tens of thousands of vehicles per day. Reality? Sometimes traffic was 70–80% lower than...