Posts tagged lean
Lean, Sustainability & Projects

Modern projects of all kinds face innumerable challenges due to increasing scale, complexity, and stakeholder numbers. Failure rates, particularly for industrial and construction projects, have been on the order of 50-70% due to missed milestones, cost overruns, poor quality and dissatisfied customers or high-influencing stakeholders.

If we are a little more proactive, with early engagement with stakeholders, application of Lean processes, and the integration of Sustainability aspects, we can avoid many of these issues.

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Shouldn't we De-Risk and Optimize first?

Everything comes with some form of risk. 

As most commonly demonstrated, the concept of risk management conveys an acceptance of risks, an exercise performed to ensure we are identifying and managing our project risks, controlling them in some way. 

But why do we focus on managing risk before we have eliminated as much of it as we can? What if, instead, we looked for as many opportunities to de-risk and optimize our projects first?

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