Sustainable Strategies for Capital Investment Cycles in Alberta

June 8, 2018

PM Solution Pro participated in the PMI-SAC EPC Round Table Workshop held at Emerson Building , Quarry Park, Calgary, June 7, 2018.

Workshop Theme: Sustainable Strategies for Capital Investment Cycles in Alberta

Objective of this professional collaboration was to identify sustainable key strategies applicable to all capital investment market cycles in Alberta. Particular emphasis was given to project management’s relationship with business stakeholders, and setting up projects for success early in their lifecycle. Participants were grouped into five, each tasked with formulating recommended strategies for their assigned subject; i.e. 1) Risk Management, 2) External Stakeholder Management, 3) Project Execution, 4) Project Integration Management, and 5) Business Management. This meeting is a half day session formally structured to produce a whitepaper from the consolidated findings of everyone.

“Today’s capital constrained energy market is focusing Owner, Engineering and Construction companies toward partnering and working more collaboratively in their commercial relationships and project execution strategies. These practices can help ensure our capital projects remain viable from conception to completion. The Project Management Institute Southern Alberta Chapter (PMI-SAC) created the EPC Roundtable in 2010 to provide a neutral forum for PMI-SAC members and affiliates to proactively discuss EPC project issues.

This EPC Roundtable convenes annually in Calgary with representatives from Owner Companies, Engineering Consultants, Construction Contractors, and Academics. Topics of discussion focus on defining best practices for achieving success in Capital Projects within the Alberta marketplace. The meetings are half day sessions that are formally structured to produce a whitepaper from the findings of the group.”

Source: Project Management Institute-Southern Alberta Chapter’s website, 2018

Make sure you read this year’s whitepaper! Go to PMI-SAC for more!

Rufran C. Frago, PMP, P. Eng., PMI-RMP, CCP, Author (060818)

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