In project management, we often talk about schedules, risks, costs, and contracts. Yet, behind all these structured elements lies something far more human judgment, integrity, and timing. A project is not just a system. A life is a project.
Several decades ago, I was involved in a major strategic project in Sri Lanka. One of the key requirements of the project was a 200-ton crane a massive, elegant piece of machinery that soon became more than just equipment. It was a landmark. Standing tall above the site, it symbolized progress, capability, and pride.
The crane was brought into the country under a government tax concession scheme linked to foreign investment. Although it was purchased in the name of the Client, the Contractor financed it through proper accounting procedures. For nearly two years, it served the project with exceptional efficiency, contributing significantly to its success.
As the project approached completion, a meeting was arranged between the Client’s international project management team and the Contractor;a joint venture involving a local Sri Lankan company. I attended as a Project Engineer representing the Contractor.
At first glance, the meeting felt like a friendly gathering. There was laughter, casual conversation, and a relaxed atmosphere. But as experienced project professionals know, such meetings often carry deeper contractual significance.
The Project Director of the Client opened the discussion with a calm and composed tone.
He brought attention to the crane. After acknowledging its contribution to the project, he presented two options. The Contractor could take ownership of the crane for future business use, but with a condition all applicable taxes must be paid based on the current market value of the crane. Alternatively, the Client could retain it after paying the market value to the Contractor. He stressed that the Client will consider transferring it to the Contractor and the Contractor has to pay all the applicable government l taxes.
The reasoning was fair. The crane had been purchased under tax concessions. It had already generated value for the Contractor. However, it still retained considerable worth in a market where equipment prices were rising globally.
At this point, the Managing Director of the Contractor partner responded rather aggressively.
He argued that the crane had significantly depreciated over two years. He claimed that new brands had entered the market, reducing its value. According to him, the crane was now worth only about 20% of its original cost. Based on his estimation, taxes should be calculated on this much lower value.
As he spoke, I glanced at the Project Director. His expression remained composed, but it was clear that something had shifted.
The meeting then moved on. The tension dissolved into casual discussions, tea, and laughter. It seemed as if the crane discussion had been forgotten.
But in project life, nothing is truly forgotten.
At the end of the meeting, the Project Director made an unexpected announcement. The Client had decided to purchase the crane from the Contractor.
Suddenly, the situation changed.
The same Managing Director who argued for a low valuation now took a completely different position. He emphasized that the crane was well-maintained, nearly as good as new, and that market prices had increased significantly. He proposed selling it at a value close to the original purchase price.
This sudden shift triggered a wave of laughter across the room. It grew uncontrollably for several minutes. The irony was too obvious to ignore.
I quietly lowered my head, reflecting on what had just unfolded.
Eventually, the Managing Director realized the contradiction. What he had argued earlier for tax purposes was now reversed for commercial gain.
To his credit, the Project Director handled the situation with professionalism. He did not exploit the moment. Instead, he proposed an independent valuation and a process aligned with legal, contractual, and commercial best practices.
That day, the crane was no longer just a machine.
It became a lesson.
A lesson on consistency in decision-making. A lesson on the importance of professional judgment. Above all, a lesson on truthfulness.
Because in project management, as in life, people remember not only what you deliver but how you stand.
And that is why we say, a life is a project.