The CII Project Assurance Continuum, Part 1

These sessions will provide an overview of the following:

The PDRI MATRS tool, which RT-361 added to IR113-2, Project Definition Rating Index – Industrial Projects, to update this original PDRI to Version 5.0.

The Construction Readiness Assessment (CRA) Tool

The Project Health Indicator (PHI) Tool

The Commissioning and Startup Readiness Assessment (C&S/U)

The two presentations will also address the Project Effectiveness tool and process (currently under development) and explain how this overall suite of five tools and processes can help you make sure your organization is not only addressing capital efficiency aspects of project planning and delivery, but also the capital effectiveness aspects of selecting the correct suite of capital projects. The sessions will demonstrate all of these tools and explain how to tie them together in a well-organized project assurance methodology.

This first part of the two-session series will focus on two tools that help owner organizations achieve the most effective use of their capital budgets, align business objectives with project objectives, and assure project deliverables are matured to their required level of completion and are executed within an environment where the deliverables are as accurate as possible:

• The first tool is a CII research effort currently under development to address both capital project effectiveness and capital project efficiency. An overview of this upcoming tool will be provided.

The second tool in this assurance program is the series of Project Definition Rating Index (PDRI) tools available to measure project maturity and accuracy through the planning process. This program will focus on the PDRI Maturity and Accuracy Total Rating System (PDRI MATRS) application.