The Construction Industry Institute (CII), Texas Austin, USA and the Construction Users Roundtable (CURT) evaluated different delivery methodologies designed for capital projects. These delivery methods focused on business value versus capital cost efficiency. This initiative, entitled Operating System 2.0. (OS 2.0) is a standalone initiative sponsored by a number of organizations including CII and CURT. Several of these methodologies address effective control of projects.
THE OPERATING SYSTEM 2.0 INDUSTRIAL AFFILIATES PROGRAM (OS2 IAP) conducts research aimed at defining new ways of doing business in the capital projects industry. The goal is to unlock value blocked by today’s engineering and construction practices. While the systems and work processes that manage capital projects have improved steadily in recent decades, the underlying business model binding investors with construction industry product and service providers is still characterized by a lack of trust, excessive friction in transactions, and burdensome financial waste — preventing real progress.
This session will be a highly interactive panel discussion addressing the possible future of project control with participation from: Stephen P. Mulva, Ph.D., Executive Director-Construction Industry Institute (CII) at the University of Texas at Austin; Martin Darley FRICS CCP FAACE – Opportunity Shaping Team (OST) Lead, Chevron Capital Projects; and Stephen Cabano, President of Pathfinder, LLC, a project management consulting firm.
AACE India Section is anchoring this event to introduce OS 2.0 to Indian Industry