Tuesday, January 15, 2019
12:00 pm - 1:00 pm EST
A new industrial revolution is upon us as company’s today grapple with perhaps more change than any time in history. An era of New Energy including movement toward distributed generation; integration of renewable energy; grid modernization; a changing mix in power generation assets, and new approaches to capital all require new strategies. Companies operating in the Industrial space, as well as the Oil & Gas, Telecom, and Water markets all are impacted by a similar pace of change. One common denominator? The Construction Industry.
Heavily reliant upon the solutions it provides across multiple industries, geographies and markets, today’s Construction companies also must adapt to changing technologies, more aggressive risk management and decision-making methodologies, innovation in the use of tools and resource, a changing workforce, all while maintaining a focus on safe practices.
There continues to be inherent risk when it comes to construction projects of all sizes and scopes. Whether that be financial risk and contracts that have unfavorable terms such as warranty coverage, consequential impacts, and liquidated damages; or execution risks around cost and schedule certainty, best practices in decision-making methodologies to proactively identify, evaluate, and respond to these risks are needed for successful outcomes.
All over the nation, there are also many baby boomers going into retirement daily. This statistic is troubling, considering that more than one-half of construction managers belong to the boomer generation. When they retire, with them departs the experience and necessary knowledge they acquired through their entire career.
And, finally, tools & technologies, including new forms of power generation, modular construction practices across multiple industries, the use of artificial intelligence, drones, and other advances can dramatically improve efficiency in new construction or retrofit projects, while at the same time introducingnew challenges.
During this webinar four industry leaders discuss and share their insights on how Diverse, Faster, and Smarter solutions will result in a Changing Face of Construction, driving best practices that lead to the delivery of safe, reliable, on-time and on-budget infrastructure projects.
Dr. Stephen Mulva
Construction Industry Institute
R. Britt Freund, Ph.D
Director of the Project Management Consortium
at the McCombs School of Business
The University of Texas at Austin
Executive Vice President, Power EPC
Black & Veatch
BVCI, a Black & Veatch Company
Icons of Infrastructure