Jim B****** needed to expand his factory and required his bank to provide finance for the project
Extending the production hall area presented a problem. Until this problem was overcome the bank would not finance the project.
Jim obtained well thought out, fully calculated and documented solutions to the problem from two consultancy firms. Both companies and their staff have almost identical sets of qualifications. Yet they came up with two very different ways to solve the problem.
Solve isn't the right word, they reduced to an acceptable level the effects the problem would have without actually eliminating the problem.
The bank were prepared to accept either of these solutions mainly because they were proposed by people with the right qualifications and therefore did not need to be verified by an independent assessor.
Jim and his staff came up with a third solution. This one did remove the problem but because Jim does not have formal qualifications in that area the bank were not able to accept his solution as a viable solution.
Jim bit the bullet and paid for one of the consultancy firms to develop his solution into a fully worked up proposal in a format that the bank would be able to accept as presented.
It was a difficult process as the consultant's training for his qualifications was often in conflict with the experience that Jim and his staff had collated and used to create their solution.
Extending the production hall area presented a problem. Until this problem was overcome the bank would not finance the project.
Jim obtained well thought out, fully calculated and documented solutions to the problem from two consultancy firms. Both companies and their staff have almost identical sets of qualifications. Yet they came up with two very different ways to solve the problem.
Solve isn't the right word, they reduced to an acceptable level the effects the problem would have without actually eliminating the problem.
The bank were prepared to accept either of these solutions mainly because they were proposed by people with the right qualifications and therefore did not need to be verified by an independent assessor.
Jim and his staff came up with a third solution. This one did remove the problem but because Jim does not have formal qualifications in that area the bank were not able to accept his solution as a viable solution.
Jim bit the bullet and paid for one of the consultancy firms to develop his solution into a fully worked up proposal in a format that the bank would be able to accept as presented.
It was a difficult process as the consultant's training for his qualifications was often in conflict with the experience that Jim and his staff had collated and used to create their solution.