Operating System 2.0 – Collaborating to Transform the Projects Industry presented by Stephen L. Cabano
The Capital Projects Industry is unsustainable for many sectors of the global economy. Many capital projects either lack new technology, effective management, or both. Current processes are not agile or flexible enough to accommodate change and lack the foresight to envision the operating reality four years in the future. “Plan the work, work the plan” doesn’t work.
The Construction Industry Institute (CII) and the Construction Users Roundtable (CURT) are evaluating different delivery methodologies designed for capital projects. These delivery methods were focused around business value versus capital cost efficiency. Does the earned value system work? What are the best owner/contractor management techniques?
CURT and CII believe the solution to this issue is Operating System 2.0., a multi-industry, collaborative, research-supported effort that aims to redesign industry procedures and standards with current technological advances in mind. The goal of OS 2.0 is to create a standardized technology-enabled platform that accommodates future changes and makes capital projects more financially viable and sustainable.
This session will discuss the research & findings of this initiative.