What is resilience planning aimed at achieving in capital project development?

Resilience planning in capital project development is primarily focused on creating projects that can adapt to future challenges. This involves anticipating potential changes and uncertainties, such as climate change, economic shifts, or community needs. By integrating resilience into the planning phase, projects are designed with flexibility in mind, enabling them to endure and respond effectively to unforeseen events or challenges. This forward-thinking approach helps ensure the longevity and sustainability of capital projects, making them more robust in the face of adversity.

While considerations such as environmental impact, cost reduction, or team collaboration are important aspects of project development, they do not encompass the central goal of resilience planning. Resilience specifically addresses the ability of a project to withstand and adapt to changing conditions, which is vital for long-term success and sustainability.