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14th August 2012
Novotel Langley, Perth
Special Interest Forum
Projects involving large amounts of capital spend will benefit from a strategic approach but building strategy in a project centric environment is challenging. Large capital projects are complex and can take a number of years to come online. From the project owner through the different tiers of suppliers and stakeholders, procurement can play a key role in ensuring that projects are delivered on time and within budget.
Managing risk in a project environment is critical. Procurement and contract professionals can play a role in mitigating and managing risks from the choice of the contracting model of engagement to the processes and strategies implemented throughout the contract lifecycle to ensure that projects achieve key milestones and reach operational readiness on time.
About the programme
Project procurement is often the last bastion of addressable-spend for procurement professionals and this programme addresses those issues particular to the effective management and execution of project procurement in capital expenditure, construction works and major projects.
This programme will explore procurements role in project delivery. Leveraging spend and building a common supply base over a number of projects with 5 to 10 year lifecycles can be difficult to manage. Leighton Contractors will explain the processes and strategies that they are using to deliver efficiencies on spend common across several projects and how technology is being utilised to build and capture the organisations procurement body of knowledge across their project pipeline.
The sheer volume of projects in Australia in the resources sector has resulted in constraints in the supply market. Low Cost Country Sourcing represents an opportunity to address this imbalance, but tapping into these resources requires planning at the design stage to ensure that companies can take advantage of these opportunities. Kobus van der Wath from the Beijing Axis will look at some of the challenges and risks in capital procurement from China, India and SE Asian economies.
Appropriately staged in Perth, home to a significant proportion of the nation’s current mega projects, this intensive forum is in response to high demand from the West, where so much major development is underway, and is distinctly different to the Strategic Procurement Forum commencing the next day on 15 August, so don’t miss out on this once-a-year CIPSA Special Interest Forum.
Managing Major Projects and Contracts
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