Track: Federal Programs

As public agencies struggle to find funding for the delivery of their capital projects, the Federal programs encourage the State and local sponsors to explore alternative and innovative delivery methods that capitalize on the private sector innovation and expertise as well as lower project costs through innovative financing. Public private partnerships (3) have demonstrated the benefits of lower cost and improved schedule as has been utilized in countries abroad as well as in the U.S.
P3 as a delivery method holds the promise and benefits of combining the expertise of private sector and leverage private investment with public resources to deliver public benefits through the appropriate and efficient risks allocation in design, construction, finance, operations and maintenance to improve project costs over the life cycle of the project while improving project quality.
This presentation will highlight the benefits of P3 delivery as compared to the traditional delivery method, the major success factors as well as challenges, the development of risk management plan including risk valuation and allocation, and roles and responsibilities of the parties in P3 agreements as well as an overview of the project development life cycle.

PMI Talent Triangle: Strategic and Business Management (Business Acumen)

Please note, this session will be changed.

Working in the federal government is a dream for some people. But it does not always provide clear-cut opportunities to lead projects. Even in agencies involved in projects, the government staff is often overseeing the project, providing strategic guidance and, let’s face it, editing deliverables. In other roles, government employees are asked to take on generalist positions, fill high need posts, or assume operational or strategic roles without a direct implementation component. Three federal government employees from different agencies, focused in international diplomacy and development, will discuss ways in which they have carved out PM roles for themselves when they either don’t have much control over their portfolio or are not directly involved in project implementation. Two takeaways include: 1) there is always a way to craft a project out of your work, including the consular section of an Embassy; and 2) the federal government provides training and other resources to improve your PM skills.

PMI Talent Triangle: Strategic and Business Management