Additional information
by Steven Keays (Author)
Taking traditional project management as its starting point, this text modernizes the framework and formulates a comprehensive methodology for managing the controlled execution of complex industrial and large capital projects.
Front Jacket
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
Author Biography
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.
