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Inward Investment Guides
30 Percent of Large, Capital-Intensive Project Costs are Wasted
Where does the 30 percent profit loss come from?
Phil Wales, CEO, eBusiness Strategies
The 30 % comes primarily from re-work executed because of lost data or work performed using out-of-date documents, wasted time looking for elusive critical information, project onboarding of new team members that wastes time getting up-to-speed and delays in decisions due to having to drop everything just to prepare for the Senior Leadership Decision Meeting (some refer to this as the Stage Gate meeting).
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