In this short, quick-read curriculum you’ll learn the basics of Predictability Thinking® — what it is, how it works, and why it’s necessary
We’ve been thinking and writing about capital project predictability since 2019, when Concord® CEO Olfa Hamdi coined the term. Fuelled by the belief that Advanced Work Packaging (AWP) was not enough to correct the systemic problems in capital project execution, she has spent the past four years elaborating on and applying Predictability Thinking® at organizations around the world.
Exclusive to Concord®, Predictability Thinking® offers a powerful compliment to Advanced Work Packaging, and this quick-read series is designed to give you an introduction to the basic concepts and principles. Let’s go!
Foundations
Your Crystal Ball: The Power of Predictability
Our seminal piece on Predictability Thinking® with an introduction to basic concepts including predictable systems, repeatable processes, and measuring threats.
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What is Predictability in Capital Projects?
Predictability means understanding the capital project execution process well enough to develop a fact-based, accurate and reliable forecast of project outcomes.
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Why Predictability Thinking® Works
To improve capital project outcomes, focus less on meeting stage-gate goals and more on creating predictable business systems and organizational habits.
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Why Capital Project Executives Need a Predictability Mindset
Like all of the most powerful leadership approaches, Predictability Thinking® must start at the top. In this article, Concord® CEO Olfa Hamdi explains why.
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Applications & Outcomes
Why We Need a Predictability Thinking® Framework
We don’t need more lagging measures to help us assess risk, we need a mental model that helps us maintain value creation.
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How Predictability Thinking® Reveals Invisible Threats to Capital Projects
Standard capital project management paradigms render many risks invisible. Unfortunately, these invisible risks are often the most insidious.
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How to Achieve More Predictable Capital Project Costs
Capital project costs can be a powerful diagnostic tool. The key to leveraging this tool and gaining the benefits of predictability-based assurance is to expand the way you think about project costs.
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Next Steps
The Predictability Thinking® Index
Introducing the world’s first dynamic, practical tool for proactively measuring and managing risk during capital project execution.
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What to Expect from a Project Predictability Package
How capital project organizations can leverage the Project Predictability Package™ (PPP) to foster on-time, on-budget delivery.
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Predictability Thinking® Framework Training
How your capital project execution team can benefit from comprehensive training in Predictability Thinking™ implementation
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Ready to take the first step toward predictable project delivery? Concord® can help! Fill in this form and we’ll contact you shortly to explore your options.
