Why technical due diligence often creates false confidence
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In many energy, waste, and industrial projects, technical due diligence is treated as a critical milestone. Once completed, it provides a sense of reassurance: the technology has been reviewed, key assumptions have been validated, risks appear identified and documented. From that moment, the project often moves forward with increased confidence….
Why technically sound projects still fail economically
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Over the years, I have repeatedly encountered energy, waste, and industrial projects that were technically correct, professionally designed, and based on proven technologies — yet economically disappointing once they moved into real operation. In most of these cases, the technology itself was not the problem.The systems worked broadly as intended….