The ugly truth about major capital project performance: almost nobody really believes they will meet their targets for schedule, cost and quality—including the people making those targets! Not surprisingly, the majority of those projects do fail to meet those targets—a self-fulfilling prophecy.
At JMW, we know that doesn’t have to be the case. Major capital projects can reliably deliver on and even beat schedule, cost and quality targets. And we have over 30 years’ experience helping more than 75 major capital projects in a range of sectors—oil and gas, mining and economic infrastructure—do just that.
How do we do that? By focusing on the most important issues that drive or stop progress on projects: the PEOPLE issues – alignment, communications, engagement, teamwork, conflicts, and more. We help people to think newly and act differently, and in doing so, to deliver unprecedented results.
Why focus on these supposedly “softer” issues? Many companies focus on technical design, project management processes, contracting and procurement strategies as the route to improvement, but research says it’s the softer skills such as people, organization, and governance that are responsible for 65% of delays and missing targets*.
And the results speak for themselves:
- Alliance delivers first oil six months early and 22% under budget
- Overall productivity at engineering services company improves by 54%
- Alliance delivers 2 months ahead of schedule and $200m under budget
- $93m increase in value for one oil company
- $711m value delivered through leadership projects at one oil company
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