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Supporting Frameworks for Successful Program Management - Change Impact Assesment

April 6, 2008 | Author: PM Hut | Filed under: Program Management

Supporting Frameworks for Successful Program Management - Change Impact Assesment (CIA) (#8 in the series Foundations, Frameworks and Lessons Learned in Program Management)
By Robert Prieto

Program management requires an ongoing assessment of the impacts of external factors on the overall program’s ability to achieve the defined strategic business objectives and to modify strategies or tactics as required to achieve success. An ongoing assessment of the impact of change, whether externally driven or the result of performance in one or more of the program activities or defined projects is required.

A CIA system analyzes the effects of change on project productivity (“disruption”)

  • effects can be identified well in advance of their occurrence
  • sensitivity analyses can be performed by altering change conditions to test a wide variety of mitigation hypotheses
  • models can be preloaded to reflect the unique characteristics of each change or project type

Comprehensive CIA provides the program manager with a wide range of benefits including:

  • ability to implement cost avoidance strategies well in advance of incurring the cost.
  • more comprehensive assessment of cost impacts
  • early identification of total costs
  • improved forecasting
  • rapid sensitivity evaluations of schedule adjustments
  • reduced change impact analysis costs through the use of standardized, automated tools
  • higher degree of predictable project performance
  • contemporaneous support for costs known to arise in the future (Fluor benefit)

Robert Prieto, Senior Vice President

Robert Prieto is senior vice president for Fluor, where he leads strategy for Fluor’s Industrial and Infrastructure group. Mr. Prieto focuses on the development and delivery of large, complex projects worldwide.

Prior to joining Fluor, Bob served as chairman of Parsons Brinckerhoff Inc. As head of PB’s board of directors, he was responsible for overseeing management performance, establishing top-level policies, and ensuring the firm’s continued long term success.

He is a member of the executive committee of the National Center for Asia-Pacific Economic Cooperation, a member of the board of directors of the Business Council on International Understanding, a member of the board of the Civil Engineering Forum for Innovation, and co-founder and member of the board of the Disaster Resource Network. He currently serves on the National Research Council’s committee framing the challenges on Critical Infrastructure Systems. Until 2006 he served as one of three U.S. presidential appointees to the Asia Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) and served as chairman of the Engineering and Construction Governors of The World Economic Forum and co-chair of the infrastructure task force formed after September 11th by the New York City Chamber of Commerce. He is also a member of the board of trustees of Polytechnic University of New York, and was previously selected as alumni of the year by its New York Chapter.

He has had an executive sponsorship role in the World Trade Center Transportation Hub; West Coast Rail Modernization; Train Protection and Warning System; Level 3 Communications Long Haul Network and Superconducting Super Collider.

Prieto holds a master of science in nuclear engineering from Polytechnic University of New York and a bachelor of science in nuclear engineering from New York University.

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $14.1 billion in 2006. For more information, visit www.fluor.com.

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