FEED MATRS Principals & Practices is a one-day course that offers participants the opportunity to learn how to facilitate project assessments using CII’s Maturity and Accuracy Total Rating System. FEED MATRS is a tool used in front end planning to achieve substantially improved performance in capital project cost, schedule and delivery against operational asset business objectives. The course provides lessons learned on how to achieve increased team alignment, identify gaps and risks, and objectively measure the maturity and accuracy of FEED deliverables. Recommended facilitation techniques are explained, as well as roles, responsibilities and logistics of conducting a FEED MATRS session.
At the end of this course participants will be able to:
- Explain the FEED MATRS methodology and benefits to their project organization
- Understand the relationship between FEED MATRS and PDRI Industrial
- Recommend when a FEED MATRS session should be conducted in front end planning
- Understand the roles, responsibilities and logistics for a FEED MATRS session
- Apply best practices in facilitating a FEED MATRS session
- Understand how to fully utilize findings – both maturity and accuracy – from a FEED MATRS session to improve project performance
- Set expectations with senior stakeholders of how FEED MATRS will improve communication of risk
Who Should Attend
This course targets project stakeholders involved in front end planning. Past attendees include Program Managers, Project Managers, Design Managers, Designers, Construction Managers, Technical Managers, Project Estimators and Schedulers Business Unit leaders, Site Supervisors, Project Finance personnel, Operations leaders, Contract Administrators, Maintenance Managers, Risk specialists, Procurement professionals, Materials Supervisors, Quality specialists, Legal, Project Controls analysts, Engineers and Planners, Information Commercial Managers, Cost Engineers, Quantity Surveyors, Health & Safety professionals and others.
- Overview of course objectives and agenda
- Interactive exercise – participants will complete a poll on the level of maturity of scope definition in their organization.
- Introduction to FEED MATRS (Maturity and Accuracy Total Rating System) and its role in improving project performance
- Relationship with PDRI Industrial.
FEED MATRS Methodology
- Introduction to front end planning
- Structure of FEED MATRS – PDRI Industrial elements, maturity elements (subset of PDRI Industrial) and accuracy factors
- Application during front end planning stages
- The assessment process
- FEED MATRS definition level criteria
- FEED MATRS Score – Maturity Score (completeness of FEED Deliverables) & Accuracy Score (confidence in development of FEED Deliverables)
- How a FEED MATRS score differs from a PDRI score
- Measuring progress of scope definition
Preparing for a FEED MATRS Session
- Who should attend?
- Specific benefits for
- Business unit leaders
- Cost estimators
- Risk managers
- Engineering contractors and consultants
- Shutdown/turnaround managers
- Procurement managers
- Session roles, responsibilities and logistics
- Characteristics of great facilitators
- Background materials to provide a facilitator preparing for a FEED MATRS session
- Interactive exercise – using a case study, participants will apply the fundamentals of risk management to identify risks and prepare for a FEED MATRS session.
Conducting the FEED MATRS Session
- Recommended techniques to ensure consistency in the element review process
- Using the low definition element list
- Creating effective action items
- Importance of the executive summary
- Comparison of total score to industry and internal benchmarks
- Putting the final FEED MATRS report to use
- Importance of a debrief session
- Sharing FEED MATRS results with senior stakeholders
- Interactive exercise – using a case study, the group will participate in a Mock FEED MATRS session. Each participant will be assigned a role from the project team and provided with behavior hints. The instructor will facilitate the Mock FEED MATRS session. The group will assess a range of elements and practice behaviors that encourage open and honest communication, identifying gaps, capturing relevant comments, and assigning a definition level.
Lessons Learned on Increasing Alignment
- Using an early review to increase project team alignment and understanding business objectives
- Using FEED MATRS to increase alignment between owners and contractors
- Leveraging FEED MATRS to communicate known risks when a project handover occurs after FEL-3 (detailed scope stage)
- Revisit the group’s poll results on organizational maturity of scope definition
- Review how FEED MATRS can be applied to improve scope definition and project performance
- Discuss important “take-aways”
- Conduct course evaluation
The course is conducted by Valency, a Registered Provider for the Construction Industry Institute (CII) and a Registered Education Provider (REP) with the Project Management Institute (PMI). A certificate of completion for 7 Professional Development Units (PDU) credits (PMI, Strategic & Business) will be issued to those who attend and complete the course.