The 4P’s for Building a Successful Capital Asset The key to managing the unique world of complex projects
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
The 4P’s for Building
a Successful Capital AssetThe key to managing the unique world of complex projects
MEET THE SPEAKERS
Jim PearsonContracts Manager, Global at ConocoPhillips Company E: [email protected]
1Jack LeaheyVP of Global Sales & Services at 8over8E: [email protected]
2
Andy AstonSenior Vice President at Turner & TownsendE: [email protected]
3David StricklandAssociate, King & SpaldingE: James. [email protected]
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
Paul CaposProcurement and Contracts Manager, Worley ParsonsE: [email protected]
1
Because risk and uncertainty increase with the size of a project the most important focus for operators should be their relationships with their contractors.
DISCOVER THE 4P’S IN TODAY’S SESSION.
We will discuss the ‘4 Ps’ that experienced practitioners have found to be fundamental when building the relationships that build a successful capital asset:
• Be Professional• Be Pragmatic• Be Proactive• Be Personable
What will be covered?
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
According to Bloomberg, only 20% of capital projects are completed
within budget and on time
The challenge…
“ “…because relationship
management is the mosteffective way to reduce claims
and overruns it makes a significant contribution to
your bottom line…
We need to change the way we manage complex projects.
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
BE PROACTIVE
Systems & Processes
Anticipate next actionsIdentify problems & opportunities
BE P
RAG
MAT
IC
BE PROFESSIONAL
BE PERSONABLE
Claim management
Technology
ProcessPeople
AnalyticsProject scheduling/planning
Project delays
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
4 P’s to success…BE PROFESSIONAL
“ “…every time a clarification or amendment is made to the
specification or a drawing, it is important that
both parties record any impact, and agree the consequences…”
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
…it is important not to lose sight of the
overall commercial objective of the project, and the earlier a dispute is resolved the cheaper
it is to fix.…
4 P’s to success…BE PRAGMATIC
“ “The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
A project stands or falls onthe strength of its relationships…
4 P’s to success…BE PERSONABLE
“ “
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
…at the end of the day, billion dollar projects can’t rely on
instructions that are picked up on the
grapevine..…
4 P’s to success…BE PROACTIVE
“ “
BE PROACTIVE
Systems & Processes
Anticipate next actionsIdentify problems & opportunities
BE P
RAG
MAT
IC
BE PROFESSIONAL
BE PERSONABLE
Claim management
Technology
ProcessPeople
AnalyticsProject scheduling/planning
Project delays
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
The 4 P's for building a successful capital asset | AVEVA ProCon | Copyright © 2016
CONTACT THE SPEAKERS
Jim PearsonContracts Manager, Global at ConocoPhillips Company E: [email protected]
1Jack LeaheyVP of Global Sales & Services at 8over8E: [email protected]
2
Andy AstonSenior Vice President at Turner & TownsendE: [email protected]
3David StricklandAssociate, King & SpaldingE: James. [email protected]
Paul CaposProcurement and Contracts Manager, Worley ParsonsE: [email protected]
1
© 2016 8over8, an AVEVA Group company. All rights reserved. All trademarks herein are the property of their respective owners. 8over8 and the 8over8 logo are trademarks of 8over8.
Related Documents
