Years to recover? Everything is much simpler

Because someone remembered from their experience in the past that it took that long. And these people automatically extrapolate this experience to today.

The only nuance is that at such moments, for some reason, almost no one asks the question: did this project work effectively? Were there any delays in the process? Were there any obstacles that were beyond the control of the project implementers?

"And most importantly, could all these delays and obstacles have been eliminated to speed up the project? Did no one think about it? Did everyone automatically accept the fact that there are many years, period?"

And so that someone doesn't think I'm theorising now, I'll give one practical case as proof. This case was described on its website by an engineering company that was installing power equipment.

The company needed to urgently replace a steam turbine at a power plant. The standard replacement period for a steam turbine of this design was approximately two years.

But since the power plant was an important facility for electricity generation in the country, the company was asked to complete the work in one year instead of two!!!

How did they meet these challenges?

First of all, an agreement was reached with Mitsubishi Power to speed up the production time of the turbine. Then the logistics were organised: more than 300 tonnes of equipment were delivered from the plant by chartered aircraft on five carefully coordinated flights. And then these coordinated deliveries allowed the company to optimise the delivery of equipment and parts so that they arrived when they were needed. This reduced delays and downtime.

This, in turn, allowed the company to complete the equipment replacement project in 11 months instead of 12. 

That's why I wonder why we don't even think about how to improve our own efficiency. Instead, they talk about the years it will take to recover.

Source

About the author: Pavlo Vernivskyi, economist, expert at the Oleksandr Pol Institute

The editors do not always share the views expressed by the authors of the blogs.