8:00 am Chair’s Opening Remarks
Ensuring Seamless Project Transitions
8:10 am Streamlining the Design Phase to Increase Efficiency & Achieve DesignContractor Alignment
Synopsis
• Understand the financial benefits of aligning design decisions with project targets and constraints from the outset
• Conveying design intent and vision effectively to contractors to avoid misalignment on project requirements
• Optimizing time and resources in design phases by embracing early transparency and iterative feedback loops to enhance project efficiency and financial outcomes
• Strategically delaying design decisions until the latest responsible moment whilst progressing the design to meet project timelines and budgets
8:50 am Mastering Target Value Design (TVD) for Cost-Effective Project Success
Synopsis
- Understanding the differences between traditional change management methods and TVD
- Clarifying client misconceptions around TVD, leading to more realistic expectations and successful implementations
- Helping the team to transition from traditional design methods to estimating costs upfront and designing within those constraints to reduce costly redesigns and stay within budget
- Capturing budget challenges and potential cost increases to ensure the team is openminded to potential design alternatives later in the project
9:30 am Onboarding New Stakeholders on an Active Project to Ensure Minimal Disruption to Project Momentum & Team Dynamics
Synopsis
- Gathering and maintaining critical information and documentation when key individuals leave a project team to onboard new members effectively and minimize efficiency loss
- Implementing effective onboarding and training of new team members to minimize risks, ensure safety compliance, and maintain project momentum
- Identifying key metrics and practices for evaluating effectiveness of communication during project transitions to proactively manage team dynamics
Managing Risks Proactively
10:10 am Morning Refreshments & Networking
10:50 am Improving Project Reliability by Balancing Collaborative and Individual Responsibility
Synopsis
• Understanding the tension between individual and group responsibility and how it can affect performance
• Discuss specific contract language that effectively balances collaborative and individual responsibilities and increases team empowerment
• Highlighting how research in the management of complexity and common pool resources can be used to support IPD management strategies
11:30 am Developing a Detailed Production Plan Beyond Last Planner During Validation to Avoid Construction Delays
Synopsis
- Developing a comprehensive production plan during the validation period to mitigate risk of price fluctuations and labor shortages
- Understanding production rates to assess productivity and efficiency during construction
- Integrating the Last Planner System into the production plan to avoid delays and miscommunication to during construction
12:10 pm Case Study: Identifying Risks in Retrofit Projects to Minimize Schedule Impacts
Synopsis
• Gaining insight into the unique challenges and risks associated with retrofitting existing buildings compared to new builds
• Emphasizing the importance of identifying risks early on in the conceptual phase of IPD projects and budgeting for unforeseen circumstances to easily mitigate these risks later on
• Navigating city planning processes, understanding permitting timelines, and managing their impact on project schedules
12:50 pm Networking Lunch
1:50 pm Establishing Effective Auditing Practices for Accurate Cost Determinations
Synopsis
• Determining actual costs for project participants, including salaries, overheads, labor burdens, and taxes, to ensure fair and transparent IPD contract payments
• Recognizing the importance of selecting competent auditors who understand IPD principles ensuring the project’s financial integrity
• Understanding the criteria used to assess the accuracy of cost reports including what auditors look for in company books, how they report findings, and how to interpret these reports to improve transparency and accountability
2:30 pm Refining Estimating Standards to Achieve Cost Certainty
Synopsis
- Addressing the disconnect between conceptual estimating and design evolution to provide timely and accurate estimates that align with the iterative nature of design
- Analyzing completed projects to identify cost-driving metrics to proactively manage budget related risks throughout project evolution
- Using BIM, parametric modeling techniques, and Monte Carlo Simulations to reduce assumptions and make effective and reliable cost predictions
3:10 pm Panel Session: Navigating the Insurance Needed for Improved Cost Efficiency & Risk Mitigation
Synopsis
- Understanding the unique insurance needs and solutions for IPD, recognizing the need for specialized expertise.
- Assessing professional liability, sub-trade default insurance, and comprehensive liability as insurance options
- Integrating insurance considerations early in project planning to adapt to rapidly changing insurance costs and availability, proactively managing risks
Improving IPD With Lean Tools
3:50 pm Adapting Lean Processes to Drive Continuous Improvements Across Projects
Synopsis
• Highlighting the need for continuous improvement in lean processes across projects and organizations to foster innovation & strengthen lean tool efficacy
• Conducting reflective practices such as pre-mortems and “keep, stop, start” exercises to identify areas of improvement on key lean tools and apply this knowledge to enhance future project performance
• Establishing a culture of continuous improvement with your team so they are actively looking to improve future project outcomes