A new generation of management tools.
The possibilities for increased competitiveness lie in the uncertain factors - and see them early.
The Lichtenberg Principle can be used to handle these factors in a detailed, controlled and scientifically manner.
This Principle is a fundamental tool in Engineering Economy:
Misunderstandings and insufficient information between these two parties are avoided using the Successive principle. It further qualifies the plan and related budget.
The Lichtenberg Principle takes advantage of intelligence and intuition as a strategic management tool.
Case of the month
A large-scale “multi-purpose arena” was planned in Oslo for concerts, sports events etc. (it is now the Oslo Spektrum). The winner of the architectural design contest put the cost of the project at £ 28 million. Three years later the costs had risen to £ 68 according to a budget quality analysis. Using the Successive Principle the project was rationalised to an expected cost of £ 42 million. The final costs became a little less than this amount.
Read Oslo-arena on budget
About Dr. Steen Lichtenberg