May 27, 2017

Brexit as a Major Project

In accordance with the result of the 23 June 2016 referendum, the UK Prime Minister signed a letter invoking Article 50 of the Treaty of the European Union on 28 March 2017. The letter was delivered to the President of the European Council the next day. This action formally triggered the Brexit process and initiated […]

The Queensferry Crossing

The new Queensferry Crossing, a road bridge located near Edinburgh and just a few kilometres from Edinburgh Business School, is scheduled to open during the first half of 2017. The bridge is the longest three-tower, cable-stayed bridge in the world. It is around 2.7km long and the towers are around 200m above the level of […]

North Sea Oil Infrastructure Decommissioning

For over 40 years the North Sea has provided a steady stream of major projects ranging from field explorations to well drilling and completions. Over that time the UK sector of the North Sea oil has made a significant contribution to the UK economy. Most of the large oil and gas fields are now, however, […]

The Brent Field Decommissioning Programme

Oil and gas production from the UK sector of the North Sea peaked at the end of the last century and has been in steady decline ever since. Most of the large oil and gas fields are now either depleted or approaching their economic limits, and the various oil and gas producers are now actively […]

Brexit and Sizewell C

On 23 June 2016 the people of the UK voted in a national referendum on whether the UK should remain or withdraw as members of the European Union. The result was a historic 52%–48% majority for leaving. The ‘Brexit’ (British Exit) decision immediately created a plethora of new uncertainties and risks that have affected business […]

How critical is critical (path)?

Barely 60 days until the opening ceremony of the Olympic Games. More than 10,000 athletes and delegates from more than 200 nations will parade in front of 80,000 spectators at the Maracanã Stadium, Rio de Janeiro. Several more billions will be watching the live broadcast. In addition, swarms of tourists will flock to Rio and […]

The Risk of Managing Risks

Does undertaking efforts to manage risk really make a difference? At times, I wonder. I recently conducted a review for a construction project that was stalled due to the collapse of a portion of the roof structure. I asked to see the risk register and was provided with a very comprehensive document – yet the […]

Compromising positions

I am often reminded that people see negotiation in a very different light – probably based on some bad experiences. When faced with a negotiation, people often expect that dreadful “c word” – Compromise! I was reminded of this just yesterday when reading an article about an academic negotiation over exam content, the school board […]