Posts

Video Recap – CIM Virtual Convention 2021, May 3rd: The Importance of Front-End Planning and Leveraging Industry Best Practices to Minimize Project Risk

Watch this video recap, as Feroz Ashraf, PTAG’s Executive Advisor for Capital Projects, presents this direct and to the point session providing practical and validated examples on “The Importance of Front-End Planning and Leveraging Industry Best Practices to Minimize Project Risk” at CIM 2021

This is the video recording of the presentation which was originally presented at the Canadian Institute of Mining’s Annual Virtual Convention CIM 2021 on May 3rd, 2021.

Globally, including North America, most capital and sustaining projects have been impacted by COVID and resulting economic slowdown. Projects are also experiencing significant productivity impacts due to the new normal COVID working conditions, as well as increasing emphasis on safety, security, and regulatory compliance.

Due to budget cuts, project and construction teams have been reduced by 30% or more. Across the board, our industry is also seeing increases in material and equipment costs due to COVID with commodity price volatility and supply/demand uncertainty presenting additional challenges.

To mitigate these issues the project team must further increase the use of the Front-End Planning process, deploy industry best practices, conduct extensive value engineering exercises, as well as thorough internal and external risk assessment process. In doing so, the Construction Industry Institute (CII) has established through its industry research that a significant saving can be achieved and gain in productivity:

  • Every $1 spent on Front End Planning saves $25 in Execution & Commissioning.
  • High use of Constructability results in up to 6% Cost improvement and reduces project Schedule by up to 7.5%.
  • “Fit for Purpose” Contracting & Partnering Strategy provides Owners with up to 9% in cost improvements.

Interested in downloading the slide deck? Click here for Direct Download.

Find out more about the event here: The Experience (cim.org)

Video Recap – CIM Virtual Convention 2021, May 3rd: How to Plan and Execute Capital Projects in Volatile and Uncertain Times

Watch this video recap, as Feroz Ashraf, PTAG’s Executive Advisor for Capital Projects, presents this direct and to-the-point session on “How to Plan and Execute Capital Projects in Volatile and Uncertain Times” at CIM 2021.

This is the recap video recording of the presentation which was originally presented at the Canadian Institute of Mining’s Annual Virtual Convention CIM 2021 on May 3rd, 2021.

Globally, including North America, most capital and sustaining projects have been impacted by COVID-19 and the resulting economic slowdown. Projects are also experiencing significant productivity impacts due to the new normal COVID working conditions, as well as increasing emphasis on safety, security, and regulatory compliance.

The presentation focuses on below key areas:

  • Impact of COVID-19 Globally
  • Challenges Faced by the Mining Industry
  • Failure as an Industry to Perform and Deliver Projects
  • Top reasons why projects go off-track.
  • Front-End Planning – what, why, how? and Leveraging Industry Best Practices
  • Why a Disciplined Stage-Gate Process is Critical?
  • Project Set-up / Project Management and Project Controls Handbook
  • Example of Project Complexity Model and Project Delivery Model (PTAG tools)
  • Why De-Risking the Project, Defining Proper List of Deliverables and Execution Plan are important.

Interested in downloading the slide deck? Click here for Direct Download.

Find out more about the event here: The Experience (cim.org)

Canadian Institute of Mining Annual Virtual Convention CIM 2021

PTAG’s, Feroz Ashraf has been invited by Canadian Institute of Mining to present at their upcoming May 3rd virtual annual convention CIM 2021 on two topics: “The Importance of Front-End Planning and Leveraging Industry Best Practices to Minimize Project Risk” and “How to Plan and Execute Capital Projects in Volatile and Uncertain Times.”

Feroz will walk you through a direct and to-the-point presentation providing practical step-by-step approaches and validated examples. You will get a chance to engage with Feroz in the post-presentation Q&A session and to network with him at this virtual convention. This four-day event will have many thought leaders and keynote speakers presenting CIM community’s best content.

The presentations will focus on below key areas:

  • Challenges faced by the Mining Industry during Covid-19 and in general.
  • Top reasons why projects go off-track.
  • Front-End Planning – what, why, how? and Leveraging Industry Best Practices.
  • Rigorous staged-gate process to minimize project risks.
  • Learn how and when to use Construction Industry Institute (CII) Front-End Planning tools, such as the Project Definition Rating Index (PDRI) to determine the “state of readiness” and “maturity level” of your project to assure better outcomes.
  • Review how to assess the Project Complexity Index and Maturity Levels– and to adapt the Execution Plan accordingly to optimize the contracting strategy and minimize execution risk.
  • Determine why Initial Project Set-up and a focussed List of Deliverables are important for team alignment.
  • Review why consistent Project Controls and Risk Analysis methodology is critical.
  • Learn how a simplified, interactive Project Management & Project Controls Handbook – is a key to Project Management and Delivery Success.
  • Look into Integrated Project Management Structure and Systems – I2PD for enhanced risk-sharing and collaboration.
  • Understand why an Integrated Project Execution Plan (IPEP) is a roadmap to success.

Find out more about the event here: The Experience (cim.org)

Video Recap – Nov 17th Webinar – How to Plan and Execute Capital Projects in Volatile and Uncertain times.

Originally Recorded on November 17th, 2020

Join PTAG’s principals Feroz Ashraf and Michael Dubreuil along with Steven K. Hillyard for a special 90min webinar on How to plan and execute Capital Projects in volatile and uncertain times. This extended 90min webinar will be direct and to the point providing practical and validated examples pertinent to planning and restarting your capital projects.

Throughout the United States and Canada, most capital project budgets have been cut. With few exceptions, no region has gone untouched by the impact that COVID has had on those of us working on capital projects.

The need to maintain existing facilities still exists. Capital spend is still needed to maintain operability, safety, and capacity. Commodity demand is still increasing.

Project teams have been reduced by 30% or more. Across the board our clients are seeing increases in material and equipment costs due to COVID, with continued commodity price volatility driving new behaviours.

Projects are experiencing significant productivity impacts due to the new normal COVID working conditions, as well as increasing pressure and social license related to climate change.

Our panel of seasoned capital project practitioners will walk through these issues with practical step by step approaches and strategies covering delivery models, best practices in detail for both the Planning and Execution phases of new projects and refurbishments.

Our webinar sessions are part of PTAG’s ongoing webinar series on Best Practises in Project Management & Project Controls. PTAG works with sustaining and capital projects owners around the world and is passionate about ensuring the successful delivery of every project, especially in today’s volatile and uncertain conditions.

Webinar Recap – (Session 2) The Importance of Front-End Planning Leveraging Industry Best Practices

Listen in to this PART TWO video recap, as PTAG principals Feroz Ashraf and Michael Dubreuil deliver a brief 1hr online webinar on the Importance of Front-End Planning and Leveraging Industry Best Practices for Project Management.

This is the recap video recording of Session Two which was originally recorded September 29, 2020.

Session 2’s Agenda:

  • Value Engineering (Value Planning) a FEP Best Practice
  • Project Delivery and Contracting Strategy (PDCS) – Selected in FEP
  • Integrated Project Execution Plan (IPEP) – a roadmap to success
  • Rigorous Project Controls are Critical
  • Risk Analysis Methodology a key part of Front-End Planning
  • More about, Interactive Project Management & Controls Handbook – a key to Project Management and Delivery Success

Session One recap can be found here.

For more Session detail, please visit:
www.PTAGinc.com/webinars

Globally, an increased focus on health, safety, environmental, and regulatory requirements is impacting project costs, all while the pressure to maintain project objectives to meet tighter budgets, schedules and quality requirements exists. It is becoming imperative to rigorously plan and define the projects well, the ability to do so is defining company and project teams success
Join us, as Senior PTAG practitioners walk you through practical step by step approaches and strategies covering the following topics:

These sessions are part of PTAG’s ongoing webinar series on Best Practises in Project Management & Project Controls. PTAG works with sustaining and capital projects owners around the world and is passionate about ensuring the successful delivery of every project, especially in this ever growing complex and uncertain environment.

We look forward to you attending one or both sessions. Registration ensures you will get access to post-session Q&A and Video recap, even if you are unable to miss one of the sessions.

Interested in downloading the slide deck? Click here for Direct Download.

Webinar Recap – (Session 1) The Importance of Front-End Planning Leveraging Industry Best Practices

Listen in to this video recap, as PTAG principals Feroz Ashraf and Michael Dubreuil deliver a brief 1hr online webinar on the Importance of Front-End Planning and Leveraging Industry Best Practices for Project Management.

This is the recap video recording of Session One which was originally recorded September 22, 2020.

Session 1’s Agenda:

  • Top reasons why projects go off-track
  • Failure as an Industry to Perform and Deliver Projects
  • Front-End Planning – what, why, how ?
  • Leveraging Industry Best Practices
  • Why a Disciplined Stage-Gate Process is Critical
  • Project Set-up / Project Management and Project Controls Handbook
  • Example of Project Complexity Model and Project Delivery Model (PTAG tools)
  • Why Defining Proper List of Deliverables and Execution Plan important

Session Two Slide Deck and Video Recap can be found here.

For more Session detail, please visit:
www.PTAGinc.com/webinars

Globally, an increased focus on health, safety, environmental, and regulatory requirements is impacting project costs, all while the pressure to maintain project objectives to meet tighter budgets, schedules and quality requirements exists. It is becoming imperative to rigorously plan and define the projects well, the ability to do so is defining company and project teams success
Join us, as Senior PTAG practitioners walk you through practical step by step approaches and strategies covering the following topics:

These sessions are part of PTAG’s ongoing webinar series on Best Practises in Project Management & Project Controls. PTAG works with sustaining and capital projects owners around the world and is passionate about ensuring the successful delivery of every project, especially in this ever growing complex and uncertain environment.

We look forward to you attending one or both sessions. Registration ensures you will get access to post-session Q&A and Video recap, even if you are unable to miss one of the sessions.

Interested in downloading the slide deck? Click here for Direct Download.