dictated by risk mitigation (asset condition and criticality) rather than managing sequencing to compound learning and productivity in the service of managing Program costs and execution risk. (p. 14)
AI summary The approach to managing program costs and execution risk is dictated by risk mitigation considerations, such as asset condition and criticality, rather than sequencing that could enhance learning and productivity.
- 1. Installation Prioritization and Sequencing: Midgard states that NS Power's approach fails to sequence sites from low-to-high complexity, and therefore "misses the opportunity to refine standard procedures on simpler units before addre...
AI summary Midgard criticizes NS Power's project management approach, pointing out issues with task sequencing, lack of standardized processes, insufficient cost reduction measures, and inadequate financial analysis for internal resource allocation. They also note the absence of historical data calibration in cost estimates.
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