Executive Report: Challenges in the Management and Planning of Major Economic Projects / Impact & Recommendation

The management and planning of highly financially and economically significant projects, with a duration of 3 - 6 years, present a number of significant challenges that can impact the success and viability of such projects. This executive report examines the main challenges faced by these projects and proposes strategies to effectively address them. Principal Challenges Complexity of Planning and Coordination Long-term projects often involve multiple stages and tasks that require precise coordination. Complexity is increased by having to manage diverse teams and resources over an extended period of time (Redalyc). Impact: Inadequate planning can cause delays and cost overruns due to lack of synchronisation between phases and sub-optimal resource assignment. Recommendation : Use of advanced project management tools, such as planning software that facilitates the visualisation of interdependencies and the evolution of the project in real time. Quality Management and Regul...