Lump Sum Contracting in Alberta's Energy Sector
A contract is a contract is a contract. Right? Not any longer!
Productivity Alberta presents an interactive workshop on lump sum contracting in the Western Canadian oil and gas industry.
According to Alberta’s industrial players, contracting strategy is a critical factor in the improvement of project delivery, and project owners are using lump sum contracts more often.
Lump sum contracts are seen by many as a potential path to success in the execution of large projects. But what does this mean to you?
Join Dr. George Jergeas, PEng and Jacqueline O’Toole, PEng to learn about the findings from their recent study on lump sum contracting in Alberta’s energy sector and provide your feedback and recommendations to the report’s authors on that will help shape future work in this area.
Workshop details
Workshops were held in Edmonton on December 6, 2010 and Calgary on December 10, 2010. Each was very well attended with 70 people in each location.
Registration opens and breakfast available at 7.30 am
Workshop commences at 8.00 am
Workshop concludes at 12 Noon
What you’ll learn
In this interactive workshop, you’ll learn about:
- Payment structures currently in use in Alberta’s energy sector
- The interest level in using lump sum contracts
- Which project phases companies were willing to do lump sum
- The factors making lump sum less risky in international projects
- Industry opinion of lump sum contracting
- Barriers preventing effective use of lump sum in Alberta
- Empowering the Project Manager for success
- Scopes of work and project sizes companies are willing to lump sum
Who should attend?
You should attend if your job includes one or more of the following roles:
- Project owner
- Project/program manager
- Construction manager
- Contract manager
- Business development manager
- Risk management professional
- Procurement manager
- Supply chain manager
Downloads & Resources
Download the workshop presentation slides for both locations.
Download a copy of the Lump Sum Contracting Report.
Top-line summary of report - available here
Surveying the Industry - article available here
On-line Results Refinement Survey
If you would like to assist in refining the results of the original survey, please log on to the anonymous on-line survey using the links and passwords provided below. The survey will take only 10 to 15 minutes of your time.
If you work for an Oil & Gas Operating Company, click here. Survey password is oilgascompany
If you work for an Engineering Contracting Company, click here. Survey password is engcontractor
If you work for a Construction Contractor Company, click here. Survey password is contractor
Contacts
If you have questions about the report, the presentation, or the survey, please contact Dr George Jergeas or Jacqueline O’Toole
