Conclusion

Capital project managers are at the nexus of capitalism not just in the economics theory, but in applied management action. For better or worse, there is no better modern example of this than the Tesla story. That case presents the opportunity to learn valuable lessons. This book focused on the perspective of capital project finance, at about the interface between the corporate executive or finance manager, and the capital project sponsor and proposal author. In the immediate case, this was operationalized as extant best practice in capital budgeting and project management in a multidivisional corporation.

The Tesla story presents the opportunity to examine a live experiment in progress, that being in high-tech entrepreneurialism and ...

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