About this Presentation
Applying Critical Chain in construction and infrastructure projects is not simple. Not because Critical Chain Project Management (CCPM) doesn't work, but because of the issue of contracts. Or more particularly the conflicting objectives between the dozens of organisations involved. In this kind of project it is rare that the commercial interests of each participating company are closely aligned with the overall project goals. Over the years this has led to much more attention being placed on contract management than on managing the overall project. Asaf Morag has spent much of his career managing claims on construction projects. He eventually came to the conclusion that this was a value-destroying activity, and he decided to do something about it. In this presentation, Asaf will describe his technology-based innovation to overcome this problem.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The speaker highlighted the challenges in managing construction and infrastructure projects, pointing out that most projects fail within their goals due to inefficiencies and delays, regardless of the scheduling system used.
The speaker emphasized that misaligned contractual and incentive structures are a major cause of project inefficiencies. He suggested that resolving this misalignment could pave the way to higher productivity.
The speaker proposed the use of a good IT system that can help the project manager to manage the project, draw attention to the fact that the activity we had to perform today did not happen, and send alerts about critical activity in our responsibility two days ahead.
Instructor(s)
Jennifer Eckman
Ms Alka Wadhwa
Alka Wadhwa is an experienced consultant and process improvement expert with over 24 years of expertise in the Theory of Constraints (TOC), Lean Six Sigma, and organizational performance optimization. She has successfully led projects in healthcare, financial services, and manufacturing, driving significant improvements such as a 67% boost in hospital operations and a 140% increase in outpatient visits.
Previously, Alka Wadhwa spent 17+ years at GE Global Research Center, where she led initiatives to enhance various GE businesses through advanced technologies, process redesign, and system optimization. Founder of Better Solutions Consulting, LLC, she specializes in using TOC, Six Sigma, and data analytics to streamline operations and build high-performance teams.
Her work has earned her multiple accolades, including the Empire State Award of Excellence in healthcare.
Dr Gary Wadhwa
Dr. Gary Wadhwa is a Board Certified Oral & Maxillofacial Surgeon with extensive experience in the field. He completed his Oral & Maxillofacial Surgery training at Montefiore Hospital, Albert Einstein College of Medicine in Bronx, NY, and has served as an Attending at prestigious institutions like St. Peters Hospitals, Ellis Hospital, and Beth Israel Hospital in NY. With a career spanning over two decades, he was the former CEO and President of a group specialty practice in NY from 1994 to 2015. Dr. Wadhwa holds an MBA from UT at Knoxville, TN, and has undergone additional training in System Dynamics at MIT, Health System Management at Harvard Business School, and Entrepreneurship and healthcare innovations at Columbia Business School. Committed to expanding access to Oral & Maxillofacial Surgery care, he is currently engaged in a meaningful project to provide healthcare services to underserved populations in inner city and rural areas through non-profit Community Health Centers.