Poor scope definition is the leading cause of capital project cost and schedule overruns, and small projects are no exception. Small capital projects with limited complexity represent up to 70% of the projects in an organization’s capital program, yet minimal emphasis has historically been placed on adopting front end planning and scope definition best practices. For over 20 years, organizations around the world have utilized the Project Definition Rating Index (PDRI) methodology to improve scope definition in capital projects. It is the most successful open industry standard available and proven to deliver increased cost and schedule certainty, with over $96 billion in projects benchmarked by the Construction Industry Institute (CII). Over the past two years, CII has published two new PDRI templates to help organizations improve scope definition in small industrial and infrastructure projects.This presentation will introduce the PDRI methodology and explain how it is being used in small projects to successfully:- Improve cost and schedule certainty- Increase team alignment- Identify gaps and provide teams with action items- Provide better transparency on risks
Sandra MacGillivray is an implementer of best practices from the Construction Industry Institute (CII) that dramatically improve capital project performance. Sandra is a Registered Education Provider (REP) with the Construction Industry Institute (CII) and Project Management Institute (PMI), and a Project Management Professional (PMP) with over 15 years of project management experience. Sandra is a past research team member with the Construction Industry Institute on front end planning, risk management and portfolio management. She holds a Bachelor of Science from the University of Waterloo and a Master in Business Administration from Wilfrid Laurier University.
