Assessment · 4 pages · version 2026-09-18.1
Cord of Three Project Alignment Assessment
A self-assessment built on The Cord of Three Framework™: capital, development and construction tested separately, then tested against each other, where most projects actually fail.
- Written for
- Owners, sponsors and partners deciding whether a project is aligned before committing
- Decision it supports
- Whether capital, development and construction are aligned, or pulling apart.
- Dates
- Published September 18, 2026Updated September 18, 2026
What is inside
- Three disciplines assessed separately
- Alignment tests between each pair
- The failure patterns each misalignment produces
- How to read a mixed result
- A one-page alignment summary
The full contents
Capital
- The amount and timing required are built from the current cost basis.
- The parties and their obligations are documented.
- Contingency and shortfall paths exist before they are needed.
- Reporting expectations are agreed in format and frequency.
Development
- Control, approvals and utilities are documented and current.
- The assumptions register exists and is maintained with dates.
- The programme matches what the site and the approvals permit.
- One person is accountable for the sequence of decisions.
Construction
- The pricing basis matches the design stage.
- The delivery method and contract form are chosen deliberately.
- Authority, change and payment controls are in place before mobilisation.
- Long-lead exposure is identified with current availability.
Alignment between the three
Most projects fail between disciplines rather than inside one.
- Capital and development: does the funding structure match the approval timeline?
- Development and construction: does the design stage support the price and schedule being relied on?
- Construction and capital: do draw mechanics match how the work is actually built and paid?
- All three: does one record of cost, schedule and assumptions serve every party?
- All three: when an assumption fails, is it clear who decides and who is informed?
Reading the result
- One weak discipline is a work item. Two are a sequencing problem.
- Strong disciplines with weak alignment is the most expensive pattern, and the least visible.
- Any 0 in alignment should stop a commitment until it is resolved.
- Re-assess at each stage gate; alignment decays quietly as facts change.
- Record the date and the evidence. An assessment without evidence is an opinion.
This is the document's actual contents — the PDF is the same material set out as a working sheet, with room to write against each item.
Where it applies
The Cord of Three Framework™
The method this assessment is drawn from.
Submit a Development Opportunity
Bring a project for a first look once you have read the result.
Have it emailed instead
Send me a copy of this document.
Entirely optional — the download above is the same file, and needs nothing from you.
General working material, not advice for a specific project. Nothing in this document is an offer of financing or securities, a commitment of funds, an appraisal, or a legal, tax or engineering opinion. Verify every item against your own counsel, licensed design professionals and the authority having jurisdiction.
Read the framework
Alignment is a discipline, not a meeting.