Restructuring Greece Project Managing the Challenge Greece Public
Restructuring Greece: Project Managing the Challenge Greece Public Sector Martin S Hirko, MIRCS: Regional Director, Faithful+Gould November 2015
Public sector design & construction priorities Transparent, Fair and Competitive Tender Process § Open Market – Cast a Wide Net § Potentially Large List of Participants or Bidders Value, Quality and Sustainability § Health & Safety Considerations (Design & Construction) ü Best Value @ Lowest Cost § Durable, Long Lasting & Low Maintenance = Reduced Lifecycle Cost ü Sustainability
General public sector process risks Typical Public Tender Process § Unknown Market Conditions § Uncertain Number of Participants/Bidders - Too many or Too Few No Guarantee of Value, Quality and Sustainability § Increased Health & Safety Risks (Design & Construction) § Increased Risk – Cost Overruns & Long-term Cost Increases Major Negative Effects § History of Extended Completion Dates § History of Budget Overruns § History of Long-term Litigation and Fees
Incorporating select private sector methods Professional Pre-tender Cost Planning § Robust Budgeting, Cost Planning & Monitoring (Design & Construction) Professional Pre-tender Due Diligence § Pre-tender Analysis of Market Conditions § Pre-qualification Process ü Highly Confident List of Participants Confidence in Cost, Quality, Schedule and Sustainability § Reduced Health & Safety Risks – Design, Construction & Occupancy ü Increased Value & Reduced Risk of Negative Impacts § More Confident Project Schedules / Programs ü Reduced Budget Overruns ü Reduced Litigation and Fees Introduce Integrated Partnership Approach § Design-Build or Design-Build-Operate (PPP) Approach
Independent “owner’s” project manager Internationally Accepted Standards § Tried and Proven Global Contracts: ü FDIC - International Federation of Consulting Engineers § Monitoring and Control Processes: ü Schedule, Manpower & Cash-flow Internationally Accepted Professional Accreditations § RICS – Royal Institution of Chartered Surveyors http: //www. rics. org/ § PMI – Project Management Institute http: //www. pmi. org/ Professional Indemnity Insurance § Professional Indemnity Insurance Protection
summary Benefits of “Select” Private Sector Methods & Practices § Independent Professional Project Management ü Confident Project Monitoring and Control Processes § Higher Level of Assurance in: ü Health & Safety Compliance ü Budget Compliance & Final Cost Certainty ü Schedule Tracking & Completion ü Quality, Value and Sustainability
Ευχαριστώ πολύ! Thank you Martin S Hirko, MIRCS Regional Director, Faithful+Gould FGOULD. COM
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