November Chapter Meeting:
Schedule Risk from the International Perspective
- Wednesday, November 15
Think big! Big projects, big data, big risk… and the potential for big rewards.
Public sector infrastructure projects attract a lot of press for good reason. Many only partially achieve the expected benefits, some are spectacular failures, and a few are sterling successes. Why and how does this happen when the industry’s best brains are involved?
The USA needs to modernise its infrastructure and commit to building “best in class.” Strategically important projects promote business development, socially beneficial community cohesion and mobility: they are essential for the USA’s future success in a global competitive world. However, they are sensitive to several external factors, and their complexity poses particular challenges for Project Managers. Plus, with multiple stakeholders, and multi-source investors, they are only considered successful if they realize public benefits and avoid costly disputes.
In my experience, the appropriate contracting strategy sets your project off on the right foot. Employing a series of collaborative contractual tools and the means for ensuring a healthy schedule can maximize your chances of successful project delivery and minimize the chance of disputes. Join me on Wednesday November 15 to hear what we are doing in the UK and elsewhere to manage schedule risk and collaborate for success.