For those planning capital projects, it is important to exercise fiscal restraint, yet be prepared to splurge on a chance to create value. To plot the best course, a company must have the vision to recognize its strengths and liabilities – a task which history has proven difficult. Today, there are ways of evaluating exactly what can move a business forward and what threatens to break the bank – but be ready to take a good hard look in the mirror.


No illusions

In tough times, focusing on project definition and scoping is essential for moving operations forward. By Ian Ewing

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