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Edinburgh, Scotland. Greta was not born yet… but she could be smiling for ours to a project like this. The vehicle? A complex PPP scheme led by Transport Initiatives Edinburgh (TIE) with multiple contractors, including Bilfinger Berger and Siemens. ​ What actually happened?
Lawyers paradise… Who sued who?
2014 — The first line finally opens. The political fallout?
Brutal lessons:
Moral: I have other interesting and horror stories about my last project in the link below.
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Most consultants are expensive spectators. Nice slides.Clean Excel models.Zero impact. They show up.They talk.They disappear. And the project?Still stuck. In the mouse wheel… running but still in the same place. It may be the perverse incentive of maximizing gains by increasing scope and delaying everything… although that’s for another days. Look… In big projects, nobody pays you for your time.They pay you for one thing: Movement. Decisions made.Problems killed.Risks reduced.Money saved....
This is a nice week for me. Birthday and week of great decisions. Decisions on my businesses. Decisions on my investments. Important ones. You see… I feel butterflies in my stomach. Fear. Doubts. So, I know perfectly well that I’m growing. I’m making progress. Look. Matt Gray, someone you should follow on LinkedIn – it’s free and you’ll learn a lot from him – said the other day that your circle establishes your ceiling. Your boss. Your friends. Your business partners. Your colleagues. Etc....
I once said that Preferred Bidder is the most dangerous moment in a PPP. It’s like the moment that the shark attacks in Jaws… just when you expect it less… Everyone relaxes. Champagne glasses appear. LinkedIn posts multiply. “Proud to be part of the winning consortium.” Then reality walks into the room. Let’s talk about the Malaysia–Singapore High Speed Rail. A mega rail PPP. 350 km. High-speed trains. Two countries connected. Estimated cost: $15-20 billion. The type of project ministers...