Valency Blog - Best Practices in Capital Project Mangement

Managing RISK: 5 Steps to Bring you More Value

by Nell Van Walsum | May 26, 2017 | Other

Managing RISK: 5 Steps to Bring you More Value When done right risk management of Capital Projects can significantly decrease schedule overruns and reduce costs. Managing risk is important. CII benchmarking research shows that organizations using a formal process for...

We’ve Moved! Check out our new Digs.

by Mark Anderson | Apr 7, 2017 | Other

The past year has been an exciting journey for Valency. We’ve added new people, worked with project professionals around the world (including the UK, Norway, Canada, USA, UAE, Netherlands, Brazil, Columbia and more) and become a full fledged member of CII. Our...

Let’s put Canada at the forefront of construction excellence!

by Mark Anderson | Mar 31, 2017 | Other

Let’s put Canada at the forefront of construction excellence! This week I had the pleasure of speaking with Rosemary Sparks, Executive Director of BuildForce Canada. I came across BuildForce Canada when a media release popped up in my Google alerts: “Campaign...

Press release: Canadian Government Awards BCIP Contract to Valency Inc

by Mark Anderson | Mar 13, 2017 | Other

Waterloo, ON (March 13, 2017)– Valency Inc announced today that it has received a Build in Canada Innovation Program (BCIP) contract to test Carve for PDRI. The Department of National Defence will test Carve for PDRI in an effort to improve project scope definition....

Implementing Change? A roadmap to success [Infographic]

by Mark Anderson | Jan 19, 2017 | Other

Implementing change is hard. Harvard Business Review states that 70% of all change initiatives fail. So how can you ensure your projects fair better? Whether it’s implementing PDRI, Risk Management, or any best practice the challenges are immense. There are many...

What is Project Risk?

by Sandra MacGillivray | Nov 23, 2016 | Other

What is Project Risk and How Can You Manage it Effectively? The definition of project risk from the Project Management Institute is “an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives.” So often we only think...