Crafting and Implementing Project Execution Strategies Seminar

3
Apr
9.00am to 4.00pm

Overview

Dealing with complexity is a key challenge with system acquisition becoming highly interdependent with other capabilities (existing and emerging), rapid technological advancement, and greater emergence associated with end-user needs. To cater for complexity we need to ensure our project management approach caters for requirements emergence, technological uncertainty, and multiple stakeholder needs. The seminar begins with an overview of complexity, challenges associated with traditional approaches to dealing with complexity, and best practice approaches for dealing with complex projects. 

Registration

Registration for the seminar is $100.

Program

Part 1: 0900-1200
Introduction
  • What is Complexity? – Definitions, attributes, acquisition versus system boundaries.
  • Why do business as usual approaches fail to deliver value in complex projects?
Risk Management
  • Risk and uncertainty in complex projects
  • Risk allocation versus risk sharing
  • Early industry engagement
  • Collaborative approaches to risk management
  • Dealing with optimism bias
Selecting and Implementing Project Execution Strategies
  • A comparison of business as usual approaches
  • An overview of the key success factors of complex projects
  • Goal alignment
  • Positive relationships
  • Prudent risk management and allocation
  • A well-crafted Project Execution Strategy
  • Robust systems engineering and project management
  • Leadership
  • Implementing  Project Execution Strategies
  • Dealing with multi party contracts and multiple contracts
  • Linking the Project Execution Strategy to the system development lifecycle
  • Driving the right behaviours
  • Governance and accountability
  • Off-ramps
  • Collaborative contracting arrangements
Part 2: 1300-1600
Workshops and Detailed Exploration of Project Execution Strategies  
Governance
  • Public versus Private sector governance
  • Understanding constraints, motivations and drivers
  • ‘best for program’ issues
  • The importance of ‘self-regulation’
  • Joint governance arrangements
Workshop - In this workshop we will challenge some of the assumptions that joint governance arrangements and risks shared between the public and private sector are unworkable. A case study of alliance arrangements will be undertaken to examin governance constraints and how to deal with conflicts of interest and conflicts of duty.
Risk Management
  • Risk attitudes
  • Negotiated risk transfer approaches
  • Risk and Remuneration

Workshop - In this workshop we wil examine a performance
based contract to explore how remuneration strategies can
create unintended consequences. In particular, we will explore how customers and suppliers can 'game the system'.

Project Execution Strategies in Depth Strategic supplier selection
  • Incorporating gate reviews
  • Preserving ‘trade-space’
  • The problems with templates
  • Relationship contracting
  • Dealing with disputes and issues

Workshop - Cobbs paradox states that we "We know why projects fail, we know how to prevent their failure - why the do they continue to fail?"What strategies can we employ to ensure success in
complex projects?

Conclusion and Wrap up    

About the Presenter

Dr John Davies is a recognised thought leader in relational contracts and procurement strategies.  John has developed better practice guides for Federal and State Governments to promote collaborative contracting initiatives, better improve strategic supplier selection, and continually improve strategic relationships. John is also an experienced Capability Definition Documentation Developer and has authored numerous acquisition risk studies, integration risk studies, Operational Concept Documents and Function and Performance Specifications for the Australian Defence Force. John currently delivers post graduate courses in procurement law and military technology.

Further Information

Further information on the Seminar is available by contacting the Capability Systems Centre at capabilitysystems@adfa.edu.au.