Valency Blog - Best Practices in Capital Project Mangement

Poor Scope Definition = Cost & Schedule overruns

by Sandra MacGillivray | Jun 30, 2015 | Blog

What is the leading cause of cost and schedule overruns? The level of scope definition in a project is the greatest driver of cost and schedule certainty. Front End Planning Front end planning is often considered the single most important process in the capital...

Facilitating Facilitators: How to choose a PDRI Facilitator

by Mark Anderson | May 29, 2015 | Blog

There’s no doubt that the strength of your PDRI Facilitator will have a HUGE impact on your PDRI program. So what is a PDRI Facilitator and how do you pick a good one? First of all, let’s define what a facilitator is in the context of PDRI: “A facilitator is someone...

Valency? Why the Name?

by Sandra MacGillivray | May 14, 2015 | Blog

This is a question we get asked frequently. So here’s the reason, and it has nothing to do with the beautiful city of Valencia in Spain – although it is a fantastic place to visit and does seem like a wonderful place for an office… Why the name...

How PDRI can be used to classify projects

by Mark Anderson | Apr 2, 2015 | Blog

PDRI: Can it be used to classify projects based on level of readiness in Front End Planning (FEP)? For organizations with a large portfolio of projects, it is helpful to be able to monitor and compare groupings of projects by type, or classification. Project...

Big Data: Using Analytics to Make Better Project Decisions

by Mark Anderson | Mar 13, 2015 | Blog

Over the past decade, many companies in the capital project world have done a great job implementing effective front end planning processes such as PDRI – in doing so they have initiated a process that generates substantial amounts data. Is there anything that can be...

CMCS launches PDRI course in Dubai, April 22-23, 2015

by Sandra MacGillivray | Mar 5, 2015 | Blog

For the first time in the UAE, CMCS will offer two implementation-focused courses on the Project Definition Rating Index (PDRI), in cooperation with Valency: PDRI – Principles & Practices – April 22, 2015 This course is designed to train capital project...