Avoiding The Pitfalls Of Capital Projects

When it comes to big projects, often part of a municipality's capital improvement plan (CIP), it's the planning part that is too often overlooked, or simply not well executed. This causes a number of problems during implementation — problems that can increase risk, waste time and money, and degrade project outcomes. In this Water Talk interview, James Strayer, the Director of Planning & Asset Management at Black & Veatch, describes the typical problems capital programs encounter and explains, with examples, how proper planning and asset management can help improve project success rates.