Tactics vs. Principles in Capital Project Management
Article initially published at Velocity Quarterly
Tactics are faddish, reactive and changeable. Principles last forever.
Tactics are not enough to solve the problems we’re facing in contemporary capital project management. We need principles. More to the point, we need to adopt principle-driven Advanced Work Packaging for capital projects. The linked article explores the problems with tactics and we prove that AWP is exactly what it’s made out to be: a principle-based project delivery system that allows your talented people to operate independently, while you are able to feel confident in their understanding of the principles and their application in any number of varied situations.
There is no easy, one-size-fits-all fix for what’s wrong with capital projects today. A holistic, capital project system renewal is essential. A principle-based, Advanced Work Packaging approach is the answer.
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