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Natural Gas Projects and the 5 Final Decisions

One company’s engineering team was tasked with completing a multi-billion-dollar project… based on a Final Investment Decision (FID). That same FID was revised five times. 

The engineering staff still had to meet their SMART goals—complete plans by end-of-year—even when the project scope changed mid-cycle. 

“Dozens of people worked overtime to meet outdated goals—only for their work to be erased the next quarter,” Paul writes. 

This is the trap of time-locked goals in fluid situations. If goals don’t account for change, they destroy value instead of adding it. 

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