Why Good Projects Start Slowly
Start With the Project, Not the Shipyard One of the most common mistakes in vessel conversions and major refits is starting with the shipyard rather than the project itself. Once a suitable vessel has been found, it is tempting to move directly into engineering and...
The Sunk Cost Fallacy: When Good Decisions Become Bad Investments
Introduction Looking back, the warning signs often appear obvious. Decisions that seemed entirely rational at the time suddenly become difficult to explain, leaving owners, investors and project teams wondering how a promising project could have drifted so far from...
One Verification Could Have Prevented a Six Figure Reconstruction
When the Vessel Told a Different Story During an onboard visit for a potential conversion project, something did not add up. The vessel, the available drawings and the project documentation were telling different stories. Different drawing revisions showed different...Navigeer naar Mermarine
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