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13 Apr 2020

Muskrat Falls - A Misguided Project

To a significant extent, the culture and processes at Nalcor were shaped by its first Chief Executive Officer (CEO), Edmund Martin. He had a strong belief in the merits of the Project, which was reflected in the approach of the Project Management Team (PMT). This resulted in a combination of unrealistic optimism, a willingness to misrepresent costs, schedule and risk, and an inability to change course when things were going wrong.


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