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Project risks budget exceedance used as a rejecting argument by activists

Project risks budget exceedance used as a rejecting argument by activists popped on our radar-screen a few days ago. Indeed we recently read an article stating that Environmentalists want the Ontario government (Canada) to abandon plans for a $13-billion refurbishment of four nuclear reactors at the Darlington generating station. We could not help but to remember a post we wrote about mega projects and the numerous cognitive biases that flaw our human reasoning. Indeed poorly made risk assessments, foster internal and…

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How to rationally select among alternatives in long term projects with CDA-ESM

Today we discuss how to rationally select among alternatives in long term projects with CDA-ESM. This post is companion to the already published: How to get the most out of (Vegetable) Waste Oil for your Small or Medium Business.  How to rationally select among alternatives in long term projects with CDA-ESM CDA-ESM can help you to select the best option. CDA-ESM is about rationally select among alternatives in long term projects with CDA-ESM. We use an ”average sized” fast food restaurant…

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