An Executive's Guide to Risk Navigation for Capital Energy Projects

As projects have steadily become larger, more complex, and of longer duration, the challenge presented to executive decision-makers has never been greater. The long history of staggering cost overruns and delays in completion offers little assurance that the cost estimates and schedules presented by project sponsors and engineers can be relied upon.

There is a way to improve the process of capital project investment decision-making, the management of project execution, and the understanding and mitigation of risks. Fresh thinking is required and some long-held ideas of best practice challenged. This opens the door to the approach we call Risk Navigation — a way of thinking and managing that allows predictability to be managed and business goals to be achieved.

Designed to help you improve project outcomes, this program will address key elements including alignment between the organization and projects, organizational support for projects, what can be done to fix cost overruns, and clarity about risk management (including controllable and uncontrollable risks as well as the proper use of contingency). You will learn about new approaches to risk navigation, near-term thinking, enhancing the effectiveness and alignment of teams at the project and the Joint Venture levels, construction productivity, contracting strategies, value improving practices, and the disconnect between the corporate level and project level. Leave with increased confidence in your ability to monitor projects, knowing what questions to ask project managers, understanding the elements to look for in project plans, and being able to identify warning signs that a project may be in trouble.

Download An Executive's Guide to Risk Navigation Program PDF >>

Senior managers, directors, vice presidents, and senior vice presidents responsible for approving and delivering projects in energy organizations.

• Understand the role of the organization in organizational/project alignment and ways in which projects should be supported
• Learn the source of cost overruns and what to do prevent them
•  Gain information about the value and application of front end loading, construction productivity, value engineering, and contracting strategies on capital energy projects
• Examine organizational and project risk management
• Learn a process by which to build and sustain project teams by monitoring the health of the relationship

May 9, 2013, 8:30am – 4:30pm

Application Deadline: April 25, 2013

Program Fee: $750 plus GST
Enroll three or more individuals from your organization in this program to receive a preferred rate.  Call 403.220.6600 for group registrations

Location:
Haskayne School of Business
University of Calgary
Downtown Campus (906 8 Avenue SW)
Calgary, Alberta

Faculty:
Dr. George Jergeas, Professor of Project Management, University of Calgary
Dr. Jenny Krahn, Assistant Professor of Project Management, Haskayne School of Business,
University of Calgary

Each participant who completes the program will receive a Certificate of Completion from
the Haskayne School of Business.