Concord is at the vanguard of predictable project delivery, and we spend a lot of time thinking about the principles and practices that have the power to establish and reinforce predictability. We call this Predictability Thinking™, and we believe that it is a necessary addition to effective implementation of Advanced Work Packaging. Here in our Predictability Thinking™ archive, you can read everything we’ve written about Predictability Thinking™, and join us as this unique and groundbreaking approach to capital project management evolves.
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.
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.
We know how to construct natural gas power plants. They are largely proven, fast to build, and they capitalize on the shale gas boom that has transformed the global energy landscape. Taken together, these factors present Owners and Developers with an unrivalled opportunity to leverage predictability as a competitive advantage in a crowded field.
We’re in the business of making capital projects more predictable, so we spend a lot of time thinking about the principles and practices that have the power to establish and reinforce predictability. We call this predictability thinking™, and it’s going to transform your organization. Find out how »
What will it take to make site-based projects successful? How do we provide a strong return on investment? How can we deliver on-time? On-budget? The answer to all of these questions depends on your commitment to a single word: predictability. Read more »
Tactics are not enough to solve the problems we’re facing in contemporary capital project management. We need principles. More to the point, we need to adopt principle-driven Advanced Work Packaging for capital projects.