Engineering & Construction Management Meetup: Is traditional contracting dead? How data and machine learning can transform major projects 30 September 2020
Engineering & Construction Management Meetup 30 September 2020
Is traditional contracting dead? How data and machine learning can transform major projects
About the Topic:
Major projects in Australia and around the world consistently run over budget, over time, and under the promised benefits. Is the way we contract and share risks dead?
In this interactive session, we will explore the future of contracting for project delivery, covering the core challenges we are experiencing today and more importantly, what actions can be taken to improve the way owners and contractors enter into a relationship to deliver projects. We’ll unpack the logic behind the use of data to level the playing field, introduce incentive mechanisms and drive efficient outcomes. We recommend this webinar to project delivery executives, project managers, and professionals in project services like planning and procurement.
We want you to leave with a sense of how you can begin making changes in your organisation to realise the future of contracting.
nPlan, a technology company, uses machine learning and big data to forecast the time outcomes of projects. nPlan is bringing forth a new paradigm in managing risk and uncertainty on major projects. Toby has felt the pain of delivering projects first hand, having worked for 7 years on major urban regeneration schemes as a Project Manager at Lendlease, in Australia and the UK. Toby holds an MBA from London Business School, and a Bachelor of Engineering from University of Sydney.
As practices in the industry change under the pressure of innovation after decades of low productivity growth, and as venture capital funding flows rapidly to unlock new opportunities to solve these challenges, Toby is excited by the opportunity he has at nPlan to make an impact at an organisational and industry level.
6:05 pm - 6:10 pm Networking via room breaking
6:10 pm - 6:15 pm About this meet-up & Sponsors
6:15 pm - 7:00 pm Main Session
7:00 pm - 7:15 pm Q&A
7:15 pm - 7:30 pm Lucky Draw & Presents
8:00 pm Session ends
To Join Zoom Meeting: https://us02web.zoom.us/meeting/register/tZYvde6grT0tEtW7zhlqBm1bl5u74uVOagk5
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