The 5th Annual Asia Pacific District Cooling Forum & Awards Ceremony is the regions premier event , where key stakeholders converge yearly to gain insights into latest developments in district cooling technologies as well as updates on new and upcoming projects from across the region.
Interview with our speaker Rose Mary Lewis
Recently, we asked our speaker Rose Mary Lewis, Vice President of Project Excellence within the engineering and construction group at Williams, about capital projects management and how to overcome the barriers in the execution of an EPC project.
1. What are, in your opinion, the main barriers in the execution of an EPC project?
"Without hesitation, the main barrier is proper front end development that includes scope definition. By front end development, I mean business and engineering alignment. The business strategy and objective must be clear in order to pick the right project to fulfill the objective. Rarely is this development work done. The next major barrier is related to the first in that projects often do not maintain the discipline to follow good project execution practice including contracting and contract administration. An emerging barrier is the lack of truly qualified professionals to fill the various roles on a major capital project."
2. You have 30 years’ experience in engineering and construction in a variety of roles across federal, state and private sectors. What are the biggest differences between them regarding managing capital projects?
"The primary difference between public and private capital projects is that the scope for public projects is fully defined in advance of funding authorizations and tendering the project whether it be for design or construction. Owners for private sector projects tend to authorize projects prior to them being fully planned. Public projects are evaluated on a cost-benefit basis, whereas private projects are evaluated on return of investment, strategic positioning, market share, or other aspects. Bottom line for private projects is revenue generation."
3. Managing different types of contracts can also be challenging. What are the best guidelines to follow for optimum risk allocation?
Be part of the event:
Interested in this topic?
Advanced HSE Management for Wind Industry 2017
This highly interactive 2-day training course will bring together safety professionals and managers from the wind industry. Join this unique event and dive into the industry insights with the help of a recognised and well-respected trainer.
11th Annual HSE Excellence Europe
We link business, leadership, HSE and environmental topics in a mixture of theoretical keynotes, practical examples, case studies and motivational speeches. Whether you are interested in speaking, attending or sponsoring, you will gain valuable insights and contacts.
The TILOS project: Running on the power of nature
Growing number of microgrid projects are helping secluded settlements and islands become energy independent. Learn more about the TILOS project addressing the issue of a small Greek island near Rhodes.
Wind of change
How many wind turbines would it take to power the world? Steve Sawyer the Global Wind Energy Council's Secretary General, did the math: 21,000 terawatt-hours (the average annual global electricity consumption) divided by 0.005256 terawatt-hours of annual wind energy production per wind turbine equals approximately 3,995,434 onshore turbines.
Gone with the Wind
In last years, the wind energy has matured dramatically. We have prepared an infographic to immerse you in the topic.