Course Overview

The capital projects industry is delivering more fast-tracked projects, requiring advanced leadership skills from capital project professionals.

This course addresses the leadership and risk management requirements for fast-track project delivery. Content covers Advanced Work Packaging (AWP) implementation in compressed timelines, Predictability Thinking®, holistic risk management, and stage-specific strategies from concept through construction.

Project managers, project directors, engineering managers, and business leaders will gain practical frameworks for understanding fast-track project risk profiles, implications of accelerated delivery, and effective mitigation strategies.

Topics covered in this course

Course Learning Objectives

  • Understand the business & management requirements of fast-track projects

  • Understand the risk profile of a fast-track project

  • Managing a fast-track project in a traditional stage-gate system: implications & strategies for successful governance

  • Successful Front-End Loading (FEL) for a fast-track project

  • Understand the use of Advanced Work Packaging (AWP) in a fast-track environment

  • Predictability Thinking knowledge and tips for leading a fast-track project

  • Team organization & dynamic requirements in a fast-track project

  • Leadership tips for successful fast-track project delivery

Course Details

    1. Pre-Webinar Survey

    2. Copyright Notice

    1. Introduction

    2. The Business Case for Fast-Track Projects

    3. Defining the Fast-Tracked Project

    1. Factor 1: Drivers for Decision Making

    2. Factor 2: Risk Aversion

    3. Factor 3: Allocation of Risk and Accountability

    4. Factor 4: Nature of Project Risk Profile

    5. Factor 5: Ownership

    6. Factor 6: Team Experience or Systems

    7. Factor 7: Staffing and Relationships

    8. Factor 8: Contracting Relationships and Cashflow

    9. Factor 9: New Technology

    10. How to Assess the Risks Related to Fast-Tracking Your Project: Checklist

    1. Risk Management - 1 - Concept or Strategy

    2. Risk Management - 2 - Idea Recycling

    3. Risk Management -3 - Funding

    1. Advice for Scope Development

    2. What Makes a Fast-Track Project Successful

    3. What Triggers Rework in the Field

    4. An Overview of Advanced Work Packaging (AWP)

    5. Understanding the Path of Construction (PoC)

    6. Fast-Track Risks in the Development Phase

    1. Risk -1 Design Rework and Additional Management

    2. Risk -2 Use of Additional Resources for Repeat Work, Change Control

    3. Risk -3 Procurement Challenges

    4. Risk -4 Additional Expediting

    5. Risk -5 Additional Contingencies in Quotes, Penalties for Defaults

    1. Considerations for Fast Tracking Design Activities

    2. What to Expect When Leading a Fast-Tracked Project

    3. Key Processes for Fast-Tracking

    4. Risks for Design Fast Tracking

    1. Considerations for Fast Tracking Construction and Key Practices

    2. Key Project Control Practices

    3. Construction Risks

    1. Strategic Advice for Executing Fast-Track Projects

    2. Download your Training Material

    3. Course References

    4. Feedback

Fast-Track Capital Projects: Risk and Leadership Strategies

  • $499.00
  • 40 lessons
  • Self-paced videos
  • 123 Slides
  • Expert Support

Instructor(s)

Instructor Bio

Olfa Hamdi is Chairwoman of Concord® Academy. She served as lead researcher on the Construction Industry Institute's seminal guide to Advanced Work Packaging (2013) and authored "Advanced Work Packaging: Guide to Life Cycle Implementation." Olfa Hamdi co-founded Concord® Project Technologies, a global professional project advisory services company. She has led AWP transformation and implementation on multi-billion dollar capital projects globally, conducted program audits for multi-billion dollar portfolios, and developed Predictability Thinking® blueprints for major oil and gas and mining owner organizations at the executive level. An American-trained engineer, Olfa Hamdi established AWP certification standards delivered in multiple languages, developed AWP assurance review protocols, and created professional competency frameworks adopted across the capital projects industry.

Olfa Hamdi

Concord® Academy Chairwoman

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