Reimagining Benchmarking

Half Day Seminar

17th Mar 2021
13:00 - 17:00
United Kingdom, United Kingdom
Places Remaining:
201
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Members Only Event

Over recent decades, asset owneers in sectors such as Oil & Gas and Chemicals have made a concerted effort to utilise high-quality datasets to drive improvements across the project lifecycle. This insight has helped organisations understand their own capabilities and how they drive performance and cost across a range of activities including robustness of business cases, the quality of front-end project development, analysis of execution risk & construction readiness, commissioning, and post project evaluation.

Asset owners in other parts of the Major Projects world, particularly in the public sector, have often struggled to fully embrace the power of Benchmarking. In the UK, leaders of many infrastructure progrrammes for example still suffer from a basic lack of data to support their decision making. Where Benchmarking is attempted it is not always integrated into a culture and process of continuous improvement, reducing its impact to the point wherre it can degenerate into an effort to squeeze front end costs in negotiations between owners and the supply chain. 

As the world slowly recovers from the economic hit of COVID-19, projects leaders will be under huge pressure to improve performance and demonstrate that they are delivering value for money. There has never been a better time for the projects community to reimagine its approach to performance data and Benchmarking. 

In this seminar, chaired by Ed Merrow of global megaproject consultants Independent Project Analysis, we will explore how Benchmarking can be used to inspire professionals in the public and private sector to take action that will deliver the value demanded by asset owners, governments and the public. 

We will hear from: 

  • Experts from a range of Major Project sectors on their experience of utilising Benchmarking through the project lifecycle as an integral part of a continuous improvement regime. 
  • Benchmarking specialists about the practicalities of creating and maintaining high quality datasets that can generate valuable insight. 
  • The UK Government's Infrastructure and Projects Authority on its ongoing work to utilise Benchmarking more effectively across the public sector portfolio.

At the end of the seminar, attendees will have: 

  • An understanding of the full range of benefits that Benchmarking can bring to major projects.
  • An understanding of the link between being an effective asset owner and the effective use of Benchmarking. 
  • An insight into the processes and techniques needed to create, maintain and exploit data.

 

Programme

17th Mar 2021
13:00 - Registration

This half an hour window will allow you to greet fellow delegates and familiarise yourself with the event platform before the event starts at 14.30.

13:30 - Chair's introduction - Reimagining Benchmarking
Profile Photo
Edward Merrow
Founder, President and CEO
IPA Global
13:45 - UK Government - Enhancing citizen returns from infrastructure projects through Benchmarking
Profile Photo
Nick Smallwood
Chief Executive Officer
Infrastructure and Projects Authority
14:00 - Panel Introductions and Purpose
Profile Photo
Edward Merrow
Founder, President and CEO
IPA Global
14:15 - "Benchmarking Lifehacks"
Profile Photo
Katy Johansson
Competitive Intelligence Advisor for Global Projects
Exxon Mobil Global Projects Company
14:30 - A practitioner's experience with Benchmarking and project system improvement in infrastructure
Profile Photo
Julian Raison
Head of PMO
Connect Plus Services
14:45 - Break
15:00 - Infrastructure and Projects Authority Benchmarking and Assurance Strategy
Profile Photo
Simon Lawrence
Director for Strategy, Performance and Assurance (Interim)
Infrastructure and Projects Authority
15:15 - Performance measurement and risk reduction in Britain's largest project
Profile Photo
Anne Falchi
Value for Money Programme Manager
EDF Energy
15:30 - Benchmarking data and left shifting
Profile Photo
Malcolm Dare
Executive Director Commercial and Procurement
Highways England
15:45 - Preparing for Q&A
Profile Photo
Edward Merrow
Founder, President and CEO
IPA Global
16:00 - Break
16:15 - Discussion

Opportunity for Q&A, facilitated by Ed Merrow.

16:50 - Chair's closing comments
Profile Photo
Edward Merrow
Founder, President and CEO
IPA Global
17:00 - Close

The session will remain open for 30 minutes after the finish time to allow for delegate networking.