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.


The Selection Process for Capital Projects

The Selection Process for Capital Projects

Author: Hans J. Lang

Publisher: John Wiley & Sons

Published: 1993-09-16

Total Pages: 728

ISBN-13: 9780471634256

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Reviews basic principles and presents techniques for evaluating and making decisions about investments and the acquisition of capital projects in industry and the private sector. Provides management and control techniques for construction of facilities or installation and operation of machinery and equipment. Covers sensitivity analysis and methods for ranking projects. Discusses the limitations of various methods. Explains how to carry out economic studies for the proper allocation of capital spending.


Control and Management of Capital Projects

Control and Management of Capital Projects

Author: John W. Hackney

Publisher:

Published: 1965-01-15

Total Pages: 334

ISBN-13:

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The first edition was published by Wiley in 1965. The second contains updated information on estimating, planning, and scheduling; value prediction and cost control; and project management techniques--computer applications for project control, integrated project information systems, labor productivity analysis, and general management methods. Sponsored by the American Association of Cost Engineers. Annotation copyrighted by Book News, Inc., Portland, OR


The Non-Architect's Guide to Major Capital Projects

The Non-Architect's Guide to Major Capital Projects

Author: Phillip Waite

Publisher: Society for College & University Planning

Published: 2018-08-06

Total Pages: 142

ISBN-13: 9781937724597

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(Authored in 2005.) In his preface, Waite explains that ""[N]on-architects are often placed in positions of leadership or responsibility in a capital project process. Administrators, managers, and academics, while no doubt experts within their own specialties, often have little or no training to prepare them for a role in a major capital project. The purpose of this book is to provide the non-architect with a broad framework of understanding in the steps, phases, and sequence of planning, designing, and delivering a capital project."" In addition to appealing to ""non-architects,"" this book should also appeal to architects who (a) may wish to understand what those non-architects are learning from this book and (b) may wish to purchase for distribution to clients or potential clients as part of the information process.


Capital Project Management, Volume II

Capital Project Management, Volume II

Author: Robert N. McGrath

Publisher: Business Expert Press

Published: 2019-11-08

Total Pages: 182

ISBN-13: 1949991873

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This book is companion to Volumes I and III in the series. Volume I covers managing strategy through capital project portfolios; Volume III is a complete case study. This volume describes the strategic challenge of adding real economic value, properly and rigorously defined. The author explains how this is accomplished through the capital budgeting process; discusses the importance of free cash flow and finally, capital projects, as financial options, are discussed, as a way to manage risk while enhancing the likelihood of project approval. The author is a retired business professor; his research interest has been the management of technology and innovation. For this book, he double-checked none of the 1,250 media items collected, accepting their overall veracity at face value. This approach advocates no one person, no one company, no one technology, and no portion of the global automobile industry. Analysis and practical application came foremost.