Leaning the Project Lifecycle
Evidence is showing high rates of natural resource project failure, where stakeholders’ conflicts, regulatory and policy-related challenges, and unfavourable external environments are cited as primary causes. These often stem from environmental performance concerns and legacy issues of past practices. And beyond that, breakdowns in communications, and an incomplete identification of relevant risks and requirements, have been recognized as root causes.
The work of each engineering discipline plays a significant role in enabling risk avoidance and improvement in design, as well as addressing external stakeholder concerns and requirements. However, achieving success in multi-phase, extended duration projects requires distinct collaboration, coordination, and communication elements.
Key strategies and considerations to improve the alignment and collaboration of stakeholders will be discussed, that, if successfully implemented, should result in three main benefits:
- An ease in obtaining environmental approvals,
- A reduced risk of project cost and schedule overruns, and
- An integrated contribution to achieving lower cost, lower risk, and minimal impact operations and closure.
NOTE: You must watch videos in their entirety and all the way through to the end for our system to record your viewing activity accurately. Learn more about PDUs on ProjectManagement.com.