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Asset 1-4

Planning Perspectives: How to Beat the Odds on Big Projects

Planning a Capital Project? Read This First.

Major projects fail far more often than they succeed. Research summarized in How Big Things Get Done shows that 91% of big projects go over budget, over schedule, or both, on average costing 28% more and taking 55% longer than planned.

This article distills those findings for condominium communities. You’ll learn about three proven principles that separate successful capital projects from stressful ones—spending more time in planning to avoid surprises in execution.

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