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IPA Newsletter March 2024 (Volume 16, Issue 1)

In this issue:

Early Uncertainty in Sustainability-Driven Projects
Developing a clear business case with an understanding of risks and uncertainties—and their root causes—is critical to assessing a sustainability-driven project’s chances of maintaining business value in later phases. IPA’s Paul Barshop and Andras Marton discuss the different types of early definition uncertainty sustainability-driven projects are likely to face.

IBC 2024 Addresses Talent Management Challenges, New Technology Projects, Sustainability, and More
IPA welcomed nearly 200 member company representatives for the annual meeting of the Industry Benchmarking Consortium (IBC) in Northern Virginia, from March 18 to 20, 2024. In this brief recap, we summarize selected research studies and focused sessions delivered in support of the IBC’s objective to drive continuous capital project system improvement for its member companies.

Case Study: Deep Dive to Find the Root of a High Cost Estimate
When the viability of an IPA client’s project became doubtful due to a high cost estimate at the end of Select (FEL 2), the company reached out to IPA for help. This brief case study explains how IPA performed a detailed cost analysis to determine what was driving the high cost estimate and identify ways to make it more competitive.

Also in this issue:

  • Achieving Carbon Competitiveness Without Sacrificing Cost in Oil & Gas
  • New Technology Risk Analysis
  • Research Study: CCUS Project Performance Norms
  • Business Engineering Alignment Meeting (BEAM)
  • Update to IPA’s Project Data Portal (PDP) Software Focuses on Improving User Experience
  • UIBC EMEA Roadshow 2024 Addresses Carbon Reduction, Contracting, and More
  • Upcoming IPA Events & Presentations
  • IPA Institute Training Course Schedule

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