Using Collaboration to Drive Optimal Capital Project Outcomes

We are in uncharted waters in 2022.  The journey to achieving Net Zero by 2050 and the associated energy transition represents a significant challenge for the international Engineering and Construction industry.

It also creates an unprecedented opportunity – a consistent pipeline of work for 30 years valued by McKinsey at USD9.2 trillion per year.

It is widely accepted that Engineering Construction has a legacy of failing projects – with 70% of projects significantly delayed and/or over budget.  And unless industry fundamentally changes the way in which projects are delivered, Net Zero objectives will not be achieved – and capital investment will be squandered.

Investors and financiers seek certainty and predictable ROI.  Industry can give it to them by adopting best practices in Collaborative Working and Contracting – proven methods that are available but not applied universally as an industry standard.

Thankfully, an industry standard has been created by the UK’s ECITB in the form of the Project Collaboration Toolkit. It has been recently applied on capital offshore projects achieving up to 40% cost savings.  Now in its second edition, and closely aligned with ISO 44001 on collaborative business relationships, the Toolkit has been updated to fit all industry sectors engaged in capital projects.

We are pleased to invite you to a special event where your peers will discuss how collaboration can become mainstream.  Specifically, the webinar will address the topics that include:

• Shifting the individual and cultural mindset to establish a collaborative environment;
• Key barriers to success in implementing collaboration and how to overcome them;
• Ways for adopters to access mentoring and coaching support for the journey toward collaboration

At the end of this event, attendees will better understand how they could enable collaboration to increase productivity, speed, cost predictability, profits, and enjoy more humane, collaborative working environments.

Speakers include:

• Tony Maplesden, Project Collaboration Toolkit author, ECITB
• Richard Venerus, Principal, Venerus Advisory Partners
• John Fotherby, ECI Chair and Kingsfield Academy Partner
• Gabriele Burian, Managing Partner, Kingsfield Academy

Download the Event Flyer here

To express your interest and reserve a place on this free webinar email us at events@kingsfieldacademy.com

The event will be hosted by the Collaborative Contracting Community of Practice supported by Kingsfield Academy.