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You know that working 8 hours a day for over 40 years straight, just to retire and finally enjoy “the life of your dreams” in the last stage of your life has never been my cup of tea. My goal is not the Lambo. It’s not drinking overpriced wine… and obviously not New Zealand red wines. I just want to own my time. That’s it. Some people call this financial freedom. You know that I read about the subject. Forums, blogs, books, and… from time to time I did it on social media. Yes… it was a time where I checked those places. Here is the problem I discovered. If you check those sites that poison your brain, you’ll find a bunch of self-proclaimed “experts” telling you exactly what to do to reach financial freedom. The problem? None of them have actually achieved it. Think about it: Overweight people preaching health. Government employees giving startup advice. Broke financial gurus talking about “freedom” while watching their bank account hit zero on the 25th… Come on… You have to laugh. I don’t know about you, but I don’t listen to people like that. Think again: Want to get fit? Follow athletes, coaches, and nutritionists. Want to learn business? Study successful entrepreneurs. Want financial freedom? Pay attention to people who are already there. That’s it. And with projects or infrastructure, this works the same. Think again please: Want a bridge over the sea? Find those that have successfully done it before. Want a tunnel under the sea? Find those that have successfully done it before. Want a successful PPP? Find those projects that were delivered successfully That’s it. Want to know about a project that was successful despite all the odds? Check below.
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What a lot of risk? I recently saw people complaining about the “high IRRs” that some PPP developers were making. High IRRs. Greedy developers. Private sector making too much money. The usual music. Well… Look at the number of projects that have gone under. Especially those with demand risk. Real demand risk. Not “let’s pretend this is risky in a spreadsheet” risk. Actual traffic risk. Actual revenue risk. Actual “if people don’t show up, you don’t get paid” risk. And then tell me that 15% or...
Outcomes vs processes. This is the never-ending story of the project manager in any major infrastructure project. What to do. What to prioritise. Where to push. Where to let go. What matters. What is noise dressed up as “governance”. Well… A few days ago I had a discussion with one of my clients. I explained my views. Then, after the call, I sent him a message. WhatsApp. Yes. Not a 35-page PowerPoint. Not a colour-coded framework. Not a “strategic alignment deck” with triangles, arrows and...
Close to Pointe-Claire. Montreal, Canada. Circa 2011. A pen flies across the meeting room. Not metaphorically. A real pen. From the other side of the table. The guy receiving the missile activates his very sophisticated kung fu reflexes and leans to one side. Impact avoided. Silence. Everyone in the room freezes. Then he says: “Don’t get angry. If we don’t solve this now, things are going to get pretty bad for all of us. And in the blame game, nobody wins.” The meeting goes on. No more flying...