Valency Blog - Best Practices in Capital Project Mangement

How the Construction Readiness Assessment Benefits your Role in the Project

by Eve Martin | Sep 12, 2023 | Blog, Construction Readiness

The Construction Readiness Assessment is a game changer in guiding project teams to ensuring a productive start to construction. The challenge is getting the project team to a full day workshop during such a critical time in the project. To promote participation in...

Productive Risk Workshops for Predictable Project Outcomes

by Sandra MacGillivray | Apr 10, 2023 | Blog

Project Risk Management has become a standard practice for capital projects in many organizations, but one question to consider is: “In our organization, has project risk management become a ‘checklist item’ rather than a value adding...

FAQ: Determining the Level of Risk Assessment for a Project

by Sandra MacGillivray | Apr 4, 2023 | Blog

Determining the level of project risk assessment requires an understanding of the project complexity as well as the characteristics of each level. Applying the appropriate risk assessment ensures you balance the level of effort with the level of detail required for...

FAQ: When should Project Risk be Assessed?

by Sandra MacGillivray | Apr 3, 2023 | Blog

When developing a project risk management process, project complexity is the main consideration in determining when to assess project risk. Regardless of the size or complexity of the project, it’s important to identify risks as early as possible. Early...

Facilitating Capital Project Workshops: Leveraging Diversity in Project Teams

by Eve Martin | Mar 20, 2023 | Blog, Facilitation

In the construction industry, project teams are incredibly diverse and include a wide range of project stakeholders. These stakeholders represent a variety of knowledge areas with different levels of expertise. Apart from this cognitive and epistemic diversity,...

How the Construction Readiness Assessment Fits with Other Project Assurance Practices

by Sandra MacGillivray | May 19, 2022 | Blog, Construction Readiness

One of the most common questions we’re asked about the Construction Readiness Assessment is how it fits with other CII practices such as the Project Definition Rating Index (PDRI) and Advanced Work Packaging (AWP). It’s encouraging to see so many organizations...