Michelle Gonzalez on LinkedIn: Home (2024)

How to effectively manage and prioiritize captial projects that align with your organizations' objectives.

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Many companies that execute capital projects are experiencing changing portfolios due to growth and new types of projects. To address the challenges of establishing and managing portfolios, Allison J. Aschman, Ph.D. and Deborah McNeil discuss the role of portfolio management, fit-for-purpose project systems, portfolio creation objectives, and more!Learn more! https://lnkd.in/eEMYjNYM#PortfolioManagement#Teams#ProjectManagement#EnergyTransition#Energy#Sustainability#OrganizationalDevelopment

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Capital projects always start on the first day of the financial year and end on its last day.Fact or fiction?It’s safe to say that’s a myth.But interestingly, most capital project portfolios are managed within these annualised parameters, with projects at the end of the year getting pushed up against fictitious financial year deadlines.In an ideal world, staggering projects throughout the year make far more sense to smooth out cashflow, but many applications do not allow for this kind of dynamic resource allocation.CAPEXinsights makes it simple to see what carryover projects are at play, what’s projected to finish when, and what capacity there is for new projects.For more, read here ▶ https://lnkd.in/g4p4p4a8#CAPEXinsights#CapitalProjects#CapitalProjectPortfolio#PortfolioOptimisation

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A significant investment will flood into capital projects over the next decade - many long-standing operational organisations today will be challenged to plan and deliver these major projects with the speed and operational efficiency the influx requires! A project-centric approach also may not work for decarbonizing existing assets, which is a capital-intensive effort that requires long-term planning. These bring many unique challenges and opportunities to these organisations. The entire structure and culture of most of these organisations is based around a low-risk exposure within the operational context where the primary driver is to keep the assets running reliably and efficiently. Organisational processes are generally deliberately risk averse, slow to adapt, and built specifically to discourage change. In this environment, the new investment brings massive change by not only introducing significant new assets and technologies, but also changing the organisation over a short period of time by using a delivery method which is fundamentally different to many existing practices and operational culture of the parent organisation. We thought better to ask Wes Horwood, Head of Future Energy Projects CS Energy about his experience on these challenges and some lessons learnt at the coming RISK 2023 Conference, 7/8 Sep at Brisbane. Wes noted a better risk-driven approach is a portfolio-synergistic strategy in which planning is top-down across the portfolio, with the key objective being to develop and deliver each project so that the overall results of the capital projects portfolio are optimized. Implementing this new portfolio capital projects management would be a major business challenge, requiring proactive stakeholders identification and management, markets expertise, and an understanding of complex approval processes, as well as the ability to source the necessary talent, proactively manage supply chain constraints, implement an Integrated Project Controls across portfolio, and obviously measure and communicate progress accurately against target objectives and goals.Wes will share his views on some key concurrent risk themes:- Project delivery with a First to Market driver- Portfolio-synergistic approach vs Operational Asset Risk Frameworks- Delivering major projects with a Project Delivery Culture vs an Operational Culture- Transition to Operations and Integration of new assets and technology with an organisation that has never done this before- Opportunities for Digital Engineering to a fundamentally spreadsheet and 2D drawing based culture- Organisational Change Management - The effect of the Olympics infrastructure boom - Striking the balance between a Project Delivery Risk Hierarchy and an Operational Risk HierarchyRegistration is now open - come and join us to discuss, learn and get ready for challenges ahead - https://lnkd.in/gSdJgRWn

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Beyond profitability, projects must sync with corporate strategy to mitigate resource wastage. Prioritizing capital projects that align with both financial and strategic objectives is key to maximizing returns. Explore strategies to increase ROIC through effective project selection today:https://lnkd.in/geFhZSCV#CapitalProjects #ROIC #ProjectSelection #ProjectPrioritization #ProjectIntake #StrategicAlignment #ResourceAllocation #CapitalBudgeting

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Build with confidence – maximize the value of your capital project - Make stronger decisions and increase the return on your investment with end-to-end visibility and greater control of your project.#strongerdecisions #capitalproject #projectmanagement

At Markon, we're committed to maximizing the impact of federal capital projects. Efficiency and effectiveness are key to optimizing the use of public funds to deliver top-tier results for our nation. Check out this article for valuable insights on streamlining capital project management in facility operations >> https://hubs.li/Q02pRwyZ0#FacilitiesManagement #CapitalProjects #dedicatedtowhatmatters

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Intrigued by the idea of property investment, but not sure where to start?Here are some of my top tips👇✅ Location, Location, Location: Choose a high-growth location for your property development project to ensure maximum long-term returns.✅ Due Diligence: Learn about the importance of thorough research, feasibility studies, and risk assessment to minimise potential pitfalls.✅ Smart Financing: Explore various financing options, from traditional loans to partnerships, to ensure your project stays financially sound.✅ Design and Planning: Dive into the crucial aspects of designing functional and appealing spaces while adhering to zoning regulations.✅ The Practicalities: Understand project management essentials, cost control, and timely execution to optimise profitability.✅ What’s Hot?: Stay updated on market trends and preferences to align your property development with current demands.Property development is an incredibly rewarding financial opportunity, but you need a smart plan to get results.Curious to learn more? Reach out with a connection request or set up a time to chat. I’d love to support you! 🏗️💡📢 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: 𝑻𝒉𝒆 𝒊𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 𝒔𝒉𝒂𝒓𝒆𝒅 𝒊𝒏 𝒕𝒉𝒊𝒔 𝒑𝒐𝒔𝒕 𝒊𝒔 𝒃𝒂𝒔𝒆𝒅 𝒐𝒏 𝒕𝒉𝒆 𝒂𝒖𝒕𝒉𝒐𝒓'𝒔 𝒑𝒆𝒓𝒔𝒐𝒏𝒂𝒍 𝒆𝒙𝒑𝒆𝒓𝒊𝒆𝒏𝒄𝒆 𝒂𝒏𝒅 𝒓𝒆𝒔𝒆𝒂𝒓𝒄𝒉. 𝑰𝒕 𝒔𝒉𝒐𝒖𝒍𝒅 𝒏𝒐𝒕 𝒃𝒆 𝒄𝒐𝒏𝒔𝒊𝒅𝒆𝒓𝒆𝒅 𝒂𝒔 𝒑𝒓𝒐𝒇𝒆𝒔𝒔𝒊𝒐𝒏𝒂𝒍 𝒂𝒅𝒗𝒊𝒄𝒆. 𝑨𝒍𝒘𝒂𝒚𝒔 𝒄𝒐𝒏𝒔𝒖𝒍𝒕 𝒘𝒊𝒕𝒉 𝒂 𝒒𝒖𝒂𝒍𝒊𝒇𝒊𝒆𝒅 𝒆𝒙𝒑𝒆𝒓𝒕 𝒃𝒆𝒇𝒐𝒓𝒆 𝒎𝒂𝒌𝒊𝒏𝒈 𝒂𝒏𝒚 𝒅𝒆𝒄𝒊𝒔𝒊𝒐𝒏

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If there’s a shortcut to saving millions on flawed capital projects, it’s this:“The trick is to find out as quickly as possible if a project isn’t viable, so you incur minimal development costs before the project is cut.”Finding out if a project should be implemented undoubtedly requires money. Essential governance is a major driver of success. But by using development gates, you’re starting with a small amount of money on sensing whether a capital project will fly.With each development gate, there is potential to identify and stop flawed capital projects before they move forward, ultimately saving millions in time and money. Read our article about cutting your losses before you spend millions. ▶ https://bit.ly/464XDRF#CAPEXinsights #PortfolioAnalysis #ProjectPlanning #CapitalProjects#CapEx #ProjectEngineering

The annual capital project portfolio build system is broken. Right now, most companies plan millions of dollars of capital investments using spreadsheets and manual processes. Over months of tedious work, characterised by political infighting, a portfolio is gradually assembled in time for the start of the financial year.This is not only slow, painful and wasteful – it’s also risky says Founder of CAPEXinsights, Mike Duell.With potentially hundreds of projects in the mix, and no possibility of rapidly aggregating spreadsheet information in a meaningful way, how can organisations ensure their capital project portfolio supports strategic priorities?Read this to discover how to build your capital project portfolio with the right governance model: https://bit.ly/3w8Rgxh#ProjectManagement #RiskManagement #businessprocess #CapitalProjects #Investment #StrategicPlanning #performance

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