Investment-Centric Project Management: Advanced Strategies for Developing and Executing Successful Capital Projects - Hardcover

Keays, Steven

Hardcover

ISBN 10: 1604271426 ISBN 13: 9781604271423

Publisher: J. Ross Publishing, 2017

Synopsis

The persistent failure rates of complex industrial and large capital investment projects are a clear indication that traditional project management is not sufficient to deliver these types of project consistently and successfully. A new thought process needs to emerge. Investment-Centric Project Management is a comprehensive methodology and management system for the controlled execution of complex industrial and capital projects that unifies an organization's project resources into a single framework designed to prevent projects from failing and blowing budgets or schedules. This one-of-a-kind guide shows how to develop projects into profitably performing assets that yield valuable sustained ROI to its shareholders over its economic life, and how to execute projects to achieve speed to market, cost and risk containment, security of supply, and certainty of quality. Written by a leading expert in the aerospace, defense, manufacturing and oil and gas industries, this advanced reference offers project owners and developers alike a road map to predictable and repeatable project success, and a guarantee of future investment returns from their assets.

About this title

From the Author

Steven Keays, M.A.Sc., P.Eng., is a 30-year veteran of the aerospace, defense, manufacturing and oil and gas industries. He is the founder and CEO of NAIAD Company, a project consulting firm that specializes in the management of large and mega industrial projects with an international footprint. He is a graduate of Royal Military College of Canada (B.Sc. Mechanical Engineering) and the University of Ottawa (M.A.Sc., turbulent fluid mechanics). He is a specialist in large-scale project management, global execution strategies, construction and modularization, and has held leadership roles on projects in the Americas, Europe and Asia. Steven is a registered professional engineer in Canada, a member of the Project Management Institute (PMI), and a patent holder of industrial equipment. Mr. Keays is a noted thought leader, published author, and active speaker around the globe with a very popular blog. He resides in Calgary, Alberta, Canada, with his wife Margaret and their three children.

From the Inside Flap

The failure rate of complex industrial and large capital investment projects is a clear indication that traditional project management is not sufficient to deliver project success consistently. This text presents a quantum leap in the advancement of project management. Taking traditional project management as its starting point, it modernizes the framework and formulates a comprehensive methodology for managing the controlled execution of complex industrial and large capital projects, in a manner that guarantees the prevention of budget, schedule and performance failures. Its enables dramatic cost savings, and faster speed to market, risk containment, security of supply, and certainty of quality. Written by a leading expert in the aerospace, defense, manufacturing and oil and gas industries, this advanced reference offers project owners and developers alike a road map to predictable and repeatable project success and a guarantee of sustained investment returns to its shareholders over the constructed asset's economic life. Features -Defines a project as the creation of a profitably performing asset that will deliver consistent ROI or measurable value to shareholders over its economic life and the completion milestone as the point in time when the asset has been proven profitable -Supersedes the cost, quality and time triangle, familiar to all project professionals, with the constraint diamond of cost, time, revenues, performance, expenses, and profits. -Presents a comprehensive system of performance assessment metrics beyond the usual KPIs to measure what matters across time, between players, and throughout execution phases -Introduces the concept of Valunomy for decision-making rather than cost effectiveness, and the Unit Transformation Process, a technique and methodology for mastering the complexities of a project, and sequencing of its execution

About this edition

• Publisher: J. Ross Publishing
• Publication date: 2017
• ISBN 10: 1604271426
• ISBN 13: 9781604271423
• Binding: Hardcover
• Number of pages: 439