The management process, starting with the idea of investing and ending with the commissioning of an investment, is complex.
In order for a management to lead to the success of a project, it is necessary to go through a process that mainly involves: preliminary preparation (pre-feasibility / feasibility), preliminary and detailed design, procurement and contracting (preparation of awarding documentation, especially technical and qualification requirements for the selection of contractors to ensure the achievement of the projected parameters of the investment), approvals and authorizations, follow-up of the implementation of the contract, reception at the completion of the works and commissioning.
There is no investment where there is no problem.
It is important that management anticipates the contingency and finds the methods by which the team responds quickly to both anticipated and current issues.