This is an exploration of the importance of first-cost estimates in engineering projects and how they are used to decide whether to go ahead with market studies and engineering development—or dismiss the project.
While applying her experience in the banking industry to a home expansion project, the author learned some key lessons: Project management skills are transferable between sectors and project managers should not be afraid to take on projects in areas where they have little or no industry knowledge.
Brownfield redevelopments can provide relief for crowded cities—if project teams effectively manage risks. Cities are getting more crowded—and looking for new ways to make sure no space is wasted.
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"It is best to keep your mouth shut and be presumed ignorant than to open it and remove all doubt." - Mark Twain |
