Complex Projects: Concepts, Strategies, and Practices for Success

Summary
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Over half of all large, complex industrial projects are failures. Get expert insights on how to drive success, no matter your role.

Large, complex projects are the most challenging projects that we do. When successful, they are also the most satisfying and rewarding projects that we do. Due to their unique challenges, it is imperative that every present and future complex project director, business sponsor, and team member understands how to generate success. Come learn and discuss what the data on over US$3 trillion worth of complex industrial projects reveal about the root causes of success and failure.

Spend three fun and intensive days learning from industry experts about what makes complex projects tick. Whether your focus is upstream, downstream, chemicals, renewables, pharmaceuticals, mining, or infrastructure, your time and effort in this seminar will pay off many times over.

Key Benefits

  • Understand the critical drivers of complex project success
  • Learn different strategies required for large, complex projects, versus smaller, less complex projects
  • Discover the risks for defining and executing complex projects and risk mitigation approaches
  • Understand the project leader’s role in generating successful project outcomes
  • Gain insights into different contracting approaches and their effects on outcomes
  • Identify the key criteria to select complex projects that best meet business needs
  • Recognize the resourcing needs to effectively manage, plan, and execute a complex project
  • Implement a formal opportunity shaping process to stabilize the project environment

Course Topics

  • Outcomes and Trade-Offs
  • The Opportunity Shaping Process
  • Devising the Shaping Strategy
  • Basic Data
  • Teams and Leadership
  • Organizing Teams for Complex Projects
  • Translating Ideas and Data to Scope (FEL 2)
  • Preparing to Execute (FEL 3)
  • Contracting
  • Control of Execution Risks
  • Complex Projects and Corporate Governance

Course Background

All course instruction, presentations, and supplementary course materials are rooted in IPA’s decades of experience evaluating projects and project systems, and conducting quantitative research into capital project issues and trends. IPA maintains a proprietary database with detailed information on hundreds of complex projects in the petroleum, minerals, chemicals, and power industries. These projects represent an average cost of $3.5 billion (in 2010 terms) and over 80 sponsor organizations. Each project is characterized by over 3,000 attributes that enable IPA to perform detailed analyses regarding the project phases, project management practices, and performance.

Pricing & Discounts

US$2,250 if registered by 24 January 2025

US$2,500 if registered after 24 January 2025

* Registration fee in U.S. dollars

Register 3 and send a 4th for free!

Download the course brochure for additional details.

What Participants Are Saying
“The course awesomely disclosed major root causes of (project) failures, and that gave me food for thought on where my attention should go in managing the next project(s).”

“Excellent view of key factors determining megaproject success. Their fragility, the relevance of a good definition and FEL. The importance of shaping process and interesting and relevant good practices for success along the whole cycle.”

“I retrieved a lot of examples based on facts and figures on why a seemingly good approach will eventually set you up for failure.”

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