November 2022

Plant Design, Engineering, Construction and Commissioning

Leading capital projects in a VUCA environment

A convergence of events has disrupted the construction industry.

A convergence of events has disrupted the construction industry. Leaders of firms are responsible for decisions that impact their capital projects. Increasingly, these decisions are made in a world that is volatile, uncertain, complex and ambiguous (VUCA). While these conditions can complicate decision-making, embracing collaborative, creative communication and a flexible approach will reduce risks and result in more predictable project outcomes (FIG. 1). FIG. 1. Preconstruction support of phased procurement allows for modularization and just-in-time receipt of equipment modules. Based on the leadership theories of authors Warren Bennis and Bur

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