Author of "Built to Fail - Why Construction Projects Take So Long, Cost Too Much and How to Fix it" Forbes Books
Is accepted practice negatively impacting #project economics for owners? Does the current approach use more cash than needed resulting in less than optimal #NPV / #IRR / #ROIC, etc.? Work in process (not the same as work in progress) is the proxy for time and time is money. More WIP, more cash, more time, longer to #payback. We all know too little WIP too makes it take longer, but so does too much WIP! What are your thoughts?
