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Capital Project Contracting: Exploring Alternative Project Delivery Models

Date:   May 15, 2024
Time:   8:30 AM
Location:  

Virtual via Zoom - All Provinces

Capital Project Contracting:
Exploring Alternative Project Delivery Models  

DATE: 

Wednesday, May 15 & Thursday, May 16, 2024 

TIME: 

8:30 AM - Noon MDT

CPD:

5 Credits

LOCATION:

Virtual via Zoom

PRICE:

Members: $425 +tax

Non-Members: $495 +tax
PRE-REQUISITE

None
OVERVIEW

Capital project execution in every sector, both private and public, continues to lead to poor outcomes. Projects are consistently over budget, over time, and continue to deliver underwhelming outcomes. A 2022 McKinsey study analyzed more than 500 projects around the world, each with a total project value of at least $100M, that that cost overruns ran at least 79% relative to budget estimates, while delays were 52% over schedule. There are many factors that contribute to this, one of which may be the contracting model employed.

Capital Project Contracting: Exploring Alternative Project Delivery Models explores innovative approaches to managing and executing complex projects across diverse industries. This course provides an overview of non-traditional contract delivery models, Early Constructor Involvement (ECI), Progressive Design Build, Integrated Project Delivery (IPD), Alliancing, and other forms of collaborative project delivery. Participants will explore various forms of contracting delivery and analyze the advantages associated with these models. 

When done right, these models bring tremendous value to projects in terms of cost, timeline, and product outcome that meet the needs of all stakeholders. By attending this collaborative workshop, participants will gain an appreciation for the complexity of capital projects, understand the challenges of traditional contracting approaches, and explore the value of alternative project delivery models.

This workshop will equip you to better engage internal and external project clients and suppliers. Additionally, it will provide you with new models to consider in your project procurement toolbox.
KEY OUTCOMES

By attending this workshop, participants will be able to:

  • Appreciate the challenges of capital project delivery.
  • Learn the differences and benefits of alternative project delivery approaches compared to conventional methods.
  • Explore how each alternative model functions and how each model can be applied for specific project needs.
ABOUT THE SPEAKER

Richard Venerus

RICHARD VENERUS

Richard Venerus is the Founder and Principal at Skalable Partners.

Skalable lends flexibility and strength to the supply chain management capabilities of growing businesses via smartly designed, fractional resourcing models that optimize supply chain capabilities and add resilience to your supply chain. See: https://www.skalablepartners.com/

Richard has over 20 years of experience in Supply Chain Management in a diverse set of industries, including technology, financial services, transportation, manufacturing and energy.  He is a qualified lawyer, certified in Construction Law and holds an MBA from the Schulich School of Business. Richard is professionally trained or certified in Project Management, Change Management, Construction Contract Administration, Adult Education, Mediation, Arbitration and ISO 44001- Collaborative Working.  He has been delivering learning events for Supply Chain Canada since 2008 attended by hundreds of students and SCM professionals over the years.

When not being an entrepreneur, Richard enjoys travelling with his young family to warm water locations that offer the opportunity for him to maintain his certification as a Master Scuba Diver.  

REFUND POLICY

Registrants will receive a full refund for courses cancelled by Supply Chain Canada, Alberta Institute.

Registrants who have received written acceptance into a course and provided written notice to Supply Chain Canada, Alberta Institute of their withdrawal from the course 14 days prior to the first day of class, will be provided with a full refund. After 14 days, refunds will not be granted.

If you would like to withdraw from a course please send an e-mail to [email protected]. You are required to inform the Alberta Institute of your intent as soon as possible. Clearly state your intention to withdraw and provide authorization for us to proceed.
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