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.
For centuries, it seems that our industry has operated on the unspoken assumption that “in chaos lies profit.” It worked for a long time, when commodity prices were high and transparency minimal. But chaos won’t work anymore.
Veteran capital project manager Arno Jansen traces the origins of the project predictability movement, explores the current state of affairs and looks to the future, where he considers which organizations are set up to thrive, and why.
Capital project costs can be a powerful diagnostic tool. From the very outset, they can help you understand whether you’re on track to deliver your project on-time and on-budget. Here’s how.
One of the most powerful ways to distinguish your organization from the competition is to focus on predictability, so you become one of the elite few who can deliver a gas power plant on-time and on-budget.
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.
Imagine if you could reliably deliver your site’s revamp projects on-time and on-budget. How would that change your business?
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 »
Concord Project Technologies inc.
2225 East Bayshore Road, Suite 200,
Palo Alto, CA 94303, United States
P: 1-800-982-6609
