It’s a new year in a new decade, and you’re heading back into the office with a fresh focus on hitting milestones and advancing key projects. What are you aiming to achieve this year? Goal-setting is hard, so we’ve come up with four winning resolutions for 2020. No matter where you’re at, any one of these resolutions will meaningfully move the needle in the year ahead.
Our industry doesn’t understand change. We haven’t invested in understanding what it takes to make change happen, and we don’t even agree on what factors improve results and outcomes. In this article, Olfa Hamdi explores five key roadblocks to transformational change in capital projects, with the hope that, together, we can begin to dismantle them.
If you’re at the helm, your ability to understand and apply these two key capital project principles could be the difference between success and failure.
Capital project management training has fallen through the cracks. The path to leadership remains woefully unclear, and that should worry us all. For if we’re not entirely clear on what it takes to become a capable capital project manager, is it really any wonder that most major capital projects are unpredictable, late and over budget?
The foundation for a successful transition to Advanced Work Packaging (AWP) is laid long before the creation of a single work package, before the org chart is redrawn and new software is installed, even before the introductory training session. The first stake is driven into the ground when a forward-thinking executive asks this critical question: “Are we ready for Advanced Work Packaging?”
The magic recipe for predictable project delivery includes a project sponsor who understands and champions Predictability Thinking™ at all levels. Sponsors can achieve this by collecting experience in all aspects of capital project delivery, or they can achieve it by making a conscious effort to study and understand it.
Now, more than ever, capital project leaders need a comprehensive understanding of capital project delivery models, and they need to master Predictability Thinking to succeed. Here’s why.
In construction capital projects, Workface Planning is the organization of field execution around the creation of fully resourced packages of work that can be executed by a single construction crew in a discrete period of time, typically five to 10 day or around 1,000 hours. These blocks of work are called Installation Work Packages (IWPs), and here’s an introductory guide to how and when to implement them.