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Date
Not literally, but we were recently reading an article on build-own-operate-transfer (BOOT). It sounds a lot like life cycle assessment (LCA) if you ask us. So the premise of BOOT, to put it in a project management context, is to initiate, plan and execute a project (build), turn it over to internal operations (own/operate) for a specified amount of time and then reassign (transfer) the project’s operational responsibilities to a third-party. That reassignment may be a permanent solution, via a sale, or it may be a lease arrangement. As an example, let’s look at the Memorial Bridge in Portsmouth, New Hampshire.
The truss/lift bridge took about three years to construct, between 1920 and 1923. The build was a joint venture with Maine, New Hampshire and the federal government. The own/operate was the responsibility of the States of Maine and New Hampshire. After 88 years of operations, and numerous attempts at trying to procure funding for refurbishing the bridge, it was decided in July of 2011 to permanently close the bridge to vehicular traffic. With the decision made to replace the bridge, the process of transfer has begun. The thought is to offer the bridge for a nominal fee if the company winning the bid agrees to remove it at their own cost and have a plan approved to reuse the bridge, thus completing the BOOT process.
Because we are in the business of sustainability, we are going to define LCA in the context of the environmental standard, ISO 14040. First, however, we’d like to share a little about the fundamentals of LCA. It is a technique for assessing the aspects and potential impacts associated with a product. The steps are as follows: compile an inventory of relevant inputs and outputs of the product, evaluate potential environmental impacts associated with those inputs and outputs, interpret the results of the inventory and potential impacts throughout the product’s life cycle (i.e. cradle to grave) from build (raw material acquisition, construction) through own/operate (use), to transfer (disposal). To put further perspective on it, categories of environmental impact include; resource usage, human health and ecological considerations.
ISO 14040:2006 are the guiding principles and framework for LCA. It includes the following phases:
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Goal definition and Scope
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Inventory Analysis
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Impact Assessment
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Interpretation
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Reporting and Critical Review
For a detailed look see http://www.epa.gov/nrmrl/lcaccess/ or Chapter 9 of our book Green Project Management.
We believe that there is a direct correlation between BOOT and LCA. The BOOT process, in the project management context, looks at the project over its lifecycle from the design/build/operate stage to the transfer stage. LCA looks at a project from the charter/planning/execution phase through the closure stage and on to the disposal stage. Although to some it may seem a stretch, it seems to us that both of these applications, when applied to the project management environment, are almost identical. We know that some may feel that the BOOT process is only applied very narrowly and it doesn’t relate to project management. It is important for the project manager to reach outside their box and use whatever tools and techniques are available. BOOT and LCA, are just those types of techniques that get us thinking about what happens to our projects after we the traditional project management functions are complete. It is our thinking that these techniques provide us with the unique opportunity to expand our role and that’s where we think the future of project management should go.
Posted
by
Dave Shirley
on: November 17, 2011 01:45 PM |
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