In Project Business, failure can occur in many ways and at various stages.
However, it often begins in the development phase with a lack of collaboration.
The Macleamy curve
Before the contract, uncertainty is high, but design changes are easy to implement. After the contract, changing the design becomes expensive. Therefore:
Good decision-making early on pays off later.
Poor decision-making becomes costly later.
Client and supplier should collaborate effectively from the outset, before the contract is signed.
In Project Business, Client and supplier are in the same boat, for better or for worse.
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