Capital Projects

Capital Projects

Author: Paul Barshop

Publisher: John Wiley & Sons

Published: 2016-09-06

Total Pages: 228

ISBN-13: 1119119219

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A real-world framework for driving capital project success Capital Projects provides an empirically-based framework for capital project strategy and implementation, based on the histories of over 20,000 capital projects ranging from $50,000 to $40 billion. Derived from the detailed, carefully normalized database at preeminent project consultancy IPA, this solid framework is applicable to all types of capital investment projects large and small, in any sector, including technology, life sciences, petroleum, consumer products, and more. Although grounded in empirical research and rigorous data analysis, this book is not an academic discussion or a conceptual dissertation; it's a practical, actionable, on-the-ground guide to making your project succeed. Clear discussion tackles the challenges that cause capital projects to fail or underperform, and lays out exactly what it takes to successfully manage a project using real-world methods that apply at any level. Businesses report that 60 percent of their projects fail to meet all business objectives, and IPA's database shows that projects' final average net present value undershoots initial estimates by 28 percent. This book provides concrete, actionable solutions to help you avoid the pitfalls and lead the way toward a more positive outcome. Avoid the missteps that make capital projects fail Learn the specific practices that drive project success Understand what effective capital project management entails Discover real-world best practices that generate more value from capital When capital projects fail, it is almost always preventable. Inefficiency, underestimated timelines, and unforeseen costs are the primary weights that drag a project down—and they are all avoidable with good management. Capital Projects gives you the insight and practical tools you need to drive a successful project.


Project Management in Practice

Project Management in Practice

Author: Garry N. Boychuk

Publisher: FriesenPress

Published: 2021-09-15

Total Pages: 250

ISBN-13: 1039102875

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This book is a practical guide to more effective delivery of capital infrastructure projects. Current manuals tend to be impractical and heavy on terminology with an unnatural focus on the project management requirements over the actual deliverable, the infrastructure. This book addresses how to effectively deliver infrastructure projects and provides practical tools, methods, and procedures to enable a diligent project manager to increase their productivity and delivery of infrastructure (from typical 35% to as high as 95%). To enable effective implementation, strategies are laid out for a conscientious Project Manager to better communicate clearly, completely, and effectively with all project stakeholders.


Proceedings of Government/Industry Forum

Proceedings of Government/Industry Forum

Author: National Research Council

Publisher: National Academies Press

Published: 2002-05-29

Total Pages: 50

ISBN-13: 0309169690

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Recurrent problems with project performance in the U.S. Department of Energy (DOE) in the 1990s raised questions in Congress about the practices and processes used by the department to manage projects. The 105th Committee of Conference on Energy and Water Resources directed DOE to investigate establishing a project review process. Many of the findings and recommendations in this series of reports identified the need for improved planning in the early project stages (front-end planning) to get the project off to the right start, and the continuous monitoring of projects by senior management to make sure the project stays on course. These reports also stressed the need for DOE to act as an owner, not a contractor, and to train its personnel to function not as traditional project managers but as knowledgeable owner's representatives in dealing with projects and contractors. The NRC Committee for Oversight and Assessment of Department of Energy Project Management determined that it would be helpful for DOE to sponsor a forum in which representatives from DOE and from leading corporations with large, successful construction programs would discuss how the owner's role is conducted in government and in industry. In so doing, the committee does not claim that all industrial firms are better at project management than the DOE. Far from it-the case studies represented at this forum were selected specifically because these firms were perceived by the committee to be exemplars of the very best practices in project management. Nor is it implied that reaching this level is easy; the industry speakers themselves show that excellence in project management is difficult to achieve and perhaps even more difficult to maintain. Nevertheless, they have been successful in doing so, through constant attention by senior management.


Capital Project Delivery

Capital Project Delivery

Author: Shawn LaBonde

Publisher: American Water Works Association

Published: 2010

Total Pages: 185

ISBN-13: 1583217568

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Printbegrænsninger: Der kan printes 10 sider ad gangen og max. 40 sider pr. session


A Guidebook for Selecting Airport Capital Project Delivery Methods

A Guidebook for Selecting Airport Capital Project Delivery Methods

Author: Ali Touran

Publisher: Transportation Research Board

Published: 2009

Total Pages: 101

ISBN-13: 0309118042

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Describes various project delivery methods for major airport capital projects. The guidebook also evaluates the impacts, advantages, and disadvantages of these various project delivery methods. The project delivery methods discussed include design-bid-build (DBB), construction manager at risk (CMR), and design-build (DB). The guidebook offers a two-tiered project delivery selection framework that may be used by owners of airport projects to evaluate the pros and cons of each delivery method and select the most appropriate method for their project. Tier 1 is an analytical delivery decision approach that is designed to help the user understand the attributes of each project delivery method and whether the delivery method is appropriate for their specific circumstance. Tier 2 uses a weighted-matrix delivery decision approach that allows users to prioritize their objectives and, based on the prioritized objectives, select the delivery method that is best suited for their project. The report will be helpful to airports with determining the most appropriate project delivery methods (e.g., DBB, DB, or CMR) for various types of airport capital projects.


Leading Complex Projects

Leading Complex Projects

Author: Edward W. Merrow

Publisher: John Wiley & Sons

Published: 2018-05-01

Total Pages: 261

ISBN-13: 111938219X

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Quantitative analysis of outcomes vs PMs at the individual level Leading Complex Projects takes a unique approach to post-mortem analysis to provide project managers with invaluable insight. For the first time, individual PM characteristics are quantitatively linked to project outcomes through a major study investigating the role of project leadership in the success and failure of complex industrial projects; hard data on the backgrounds, education, and personality characteristics of over 100 directors of complex projects is analyzed against the backdrop of project performance to provide insight into controllable determinants of outcomes. By placing these analyses alongside their own data, PMs will gain greater insight into areas of weakness and strength, locate recurring obstacles, and identify project components in need of greater planning, oversight, or control. The role of leadership is to deliver results; in project management, this means taking responsibility for project outcomes. PMs are driven by continuous improvement, and this book provides a wealth of insight to help you achieve the next step forward. Understand why small, simple projects consistently outperform larger, more complex projects Delve into the project manager's role in generating successful outcomes Examine the data from over 100 PMs of complex industrial projects Link PM characteristics to project outcome to find areas for improvement Complex industrial projects from around the world provide a solid basis for quantitative analysis of outcomes—and the PMs who drive them. Although the majority of the data is taken from projects in the petroleum industry, the insights gleaned from analysis are widely applicable across industry lines for PMs who lead complex projects of any stripe. Leading Complex Projects provides clear, data-backed improvement guidance for anyone in a project management role.


Integrated Project Delivery

Integrated Project Delivery

Author: Renee Cheng

Publisher:

Published: 2019-04-25

Total Pages: 154

ISBN-13: 9781095821527

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This is a resource prepared for practitioners of Integrated Project Delivery. It is a step by step guide to the implementation of Integrated Project Delivery for new and experienced leaders. It is full of real project examples and pictures.


Risk Navigation Strategies for Major Capital Projects

Risk Navigation Strategies for Major Capital Projects

Author: Asbjørn Rolstadås

Publisher: Springer Science & Business Media

Published: 2011-06-22

Total Pages: 179

ISBN-13: 0857295942

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Investors and managers of major projects know how often they result in cost overruns and schedule delays. Risk Navigation Strategies for Major Capital Projects builds on conventional best practice to provide a risk-based view of current practices for planning and executing large international projects. As economies of scale continue to drive projects to ever-higher levels of scope and complexity, new thinking about strategy and risk is required. Since major projects are highly exposed to external risks, the traditional view of predictability as something that can be mandated and ensured by rigorous application of conventional best practice has become a myth. Fresh thinking is required to manage projects today, and this book provides a framework for taking project management best practice to the next level. Risk Navigation Strategies for Major Capital Projects is intended for executives investing in major projects, project leaders and managers, as well as those with a teaching or research interest in project and risk management.


Lean Project Delivery

Lean Project Delivery

Author: David Umstot

Publisher: Createspace Independent Publishing Platform

Published: 2017-08-21

Total Pages: 256

ISBN-13: 9781975684013

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Lean Project Delivery - Building Championship Project Teams This book was inspired by the need for an integrated resource for those in the design and construction industry wanting to better understand how Lean can improve project performance and outcomes. In eye-opening stories and brilliant color graphics, David and Dan share the value proposition and mechanics of Lean design and construction. The authors have broken the book into bite-size units on the origins of Lean, the compelling case for the need for Lean, a history of Lean as it has evolved in the AEC industry, Lean thinking and various Lean tools with specific applications and examples in design and construction, making learning Lean fun, and how to effectively establish an organizational and project culture that will enable and sustain Lean practices. In the spirit of Lean visual management, this book is purposefully designed with color illustrations. Whether you are a design professional, site superintendent, project manager, or C-suite executive, this book will help all understand how Lean can make your team perform at a championship level.