IPA Newsletter September 2019 (Volume 11, Issue 3)

In this issue:

Driving Success in Innovative Technology Projects
Sustainability projects often require new and innovative technology, adding complexity and unique risks that threaten cost and schedule performance. IPA research has shown that having a robust commercialization strategy for new technology is critical to meeting performance expectations. As sustainability is a key focus for many companies today, this article outlines 6 key practices owner companies should integrate into their commercialization strategies.

IPA Identifies the Attributes of Successful Lead Engineers and Builds on Its Capital Projects Leadership Competency Research
Few highly experienced lead engineers remain in today’s capital projects industry workforce due to major demographic shifts over the last 10⁺ years, but it remains a critical project team function. New IPA capital project competency research helps owner companies recognize, recruit, and retain high-caliber engineering leadership talent to support their capital project portfolios.

Cost Engineers Converge in Northern Virginia for CEC 2019
At the annual Cost Engineering Committee (CEC) meeting in September 2019, participating member companies received exclusive cost and schedule estimating metrics, trends, tools, and new research. Two featured research studies focused on the strategies and tools project organizations are using to capture and integrate data to improve project definition, and examined how project schedules break down at a detailed level.

The Role of the Project Sponsor
It is well known that the project sponsor’s engagement is critical to project success. IPA recently analyzed hundreds of its own historical project sponsor interviews to gain first-person perspectives about what this role should entail. This article offers key takeaways to help owner companies deploy the project sponsor role at their organizations more effectively.

Also in this issue:

• IPA’s Edward Merrow Headlines Innovate iPM Podcast
• Mitigating Risks of Innovation
• IPA Institute 2019 Public Course Schedule
• IPA Participates in Habitat for Humanity Build
• Improving the Capital Competitiveness of Site-Based Projects—IPA’s Site Portfolio Tool
• IPA Events and Presentations

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