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Investment-Centric Project Management by Steven Keays

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7

THE PROJECT ECOSYSTEM

“The past is a foreign country; they do things differently there.” L. P. Hartley

THE NOTION OF LANDSCAPE

Internal Risks

The project network developed in Chapter 4 provides the reader with a map of the scope of work that will be required to realize the asset. The variability suffusing the lattice of nodes gives birth to execution risks. These endogenous risks are internal to the project and remain, as a result, under the purview of the project manager (PM). On the other hand, the network tells us nothing about the world in which the project will unfold or where the asset will be operated. This is the arenaa space both physical and relational that creates the constraints upon project execution and asset operations. The ...

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