2. Control minor CAPEX
Most companies are good at focusing on the large flagship projects but, in contrast, the myriad of minor CAPEX projects mostly fly under the radar. While in isolation these projects are not significant, when aggregated they can accumulate to total values that easily compare with larger projects. An easy solution would be to simply apply a carpet cancelation of these minor projects. However, that could dramatically affect some critical projects (like some HSE related projects). Clear roles and responsibilities need to be supported by an unambiguous set of rules that allow a quick and effective decision on which minor projects to either keep, postpone or cancel.