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A Journey to the Future of Capital Projects

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Dr. Jorge A. Vanegas

Director�Institute for Sustainable Communities (ISC) �School of Architecture (SOA)

Other:

Professor�Department of Architecture (ARCH)�School of Architecture (COA)

Professor�Department of Civil & Environmental Engineering (CVEN)�College of Engineering (COE)

Research Professor�Texas Engineering Experiment Station (TEES)

Contact Information:

3137 TAMU

Texas A&M University

College Station, Texas 3137

Mobile: 979.204.2577�Email : jvanegas@tamu.edu

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Point of Departure, Context, and Drivers

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We live in one World,

with one Race, one Life, and one common Future for all…

The Journey to the Future begins with a fundamental premise...

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Natural

Built

Virtual

Social

In that World, �Humanity lives in four�Environments...

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Quality of�Life

Quality�of�Place

Quality�of�Human�Endeavor

People

... With aspirations to have...

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One current approach to achieve this is...

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Environmental, Social, and Governance

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The Journey to the Future – Ecosystem of Potential Destinations (1a)

(1a) Potential Destinations The U.N. Sustainable Development�Goals

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(1b) Synergies Among the�U.N. Sustainable Development�Goals

The Journey to the Future – Synergies (1b)

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Capital Projects Industry

(1c) Enablers – �Of the�U.N. Sustainable Development�Goals

The Journey to the Future – Enablers of the UNSDGs (1c)

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The Capital Projects Industry delivers Facilities (e.g., commercial, institutional, industrial, & residential), as well as Civil Infrastructure Systems (e.g., energy, water, mobility, communications, & waste), which together form the foundation that enables the UNSDGs...

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However, in the delivery of a Capital Project for Facilities & Civil Infrastructure Systems, the Capital Projects Industry needs to overcome several challenges...

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A first challenge is that a Capital Project resembles a...

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Capital�Project

Actors

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...since in the delivery of a given Capital Project a wide and diverse range of Actors come together under a wide range of contractual agreements, each playing a different complementary role and having different complementary responsibilities...

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A second challenge is that the Actors “speak” different languages,which many times creates a need for...

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A common “language”...

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...And a universal “translator”...

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A third challenge is that the Actors live in Silos created by individuals and their disciplines, by groups or teams, by communities, and/or by public or private organizations or institutions, which offer a set of common values and a sense of shared identity and belonging...

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... which creates a need to connect them in various ways...

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Windows…

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Doors...

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Bridges…

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Stairs…

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Tunnels…

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… And in addition, identify among them: Interrelationships, Interdependencies, Synergies, Dysergies, Redundancies, & Gaps

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Destination

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One way to overcome these challenges is:�

FORMATION

...which has two connotations...

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ASSEMBLE & FORM

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FORM & FLY

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So, Accelerated Capital Projects Formation is a framework for the delivery of CAPEX that is less wasteful and more effective and efficient (from Planning & A/E Design, through Procurement & Construction, to Commissioning, Startup, & Turnover), and of OPEX (in Operations & Maintenance)...

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... And higher levels of the Triple ROI:

  • Return On Investment
  • Return On Impact
  • Return On Influence

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The Accelerated Capital Projects Formation Framework

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Cornerstone (1a) for the Journey – A Collaboratory for Accelerated�Capital Projects Formation

(1a) Collaboratory

A simplified definition describes a collaboratory as an environment where participants make use of computing and communication technologies to access shared instruments and data, as well as to communicate with others. Other definitions describe a collaboratory as:

  • A center without walls, in which the nation’s researchers can perform their research without regard to physical location, interacting with colleagues, accessing instrumentation, sharing data and computational resources, [and] accessing information in digital libraries.” (Wulf, 1989)
  • A system which combines the interests of the scientific community at large with those of the computer science and engineering community to create integrated, tool-oriented computing and communication systems to support scientific collaboration.” (Bly, 1998)
  • An experimental and empirical research environment in which scientists work and communicate with each other to design systems, participate in collaborative science, and conduct experiments to evaluate and improve systems.” Rosenberg (1991)
  • More than an elaborate collection of information and communications technologies; it is a new networked organizational form that also includes social processes; collaboration techniques; formal and informal communication; and agreement on norms, principles, values, and rules.” (Cogburn, 2003)

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Cornerstone (Ib) for the Journey – A Cyberinfrastructure for Accelerated Capital Projects � Formation

(1b) Cyberinfrastructure

A simplified definition describes cyberinfrastructure as a research environment that supports: �

  • Advanced data�acquisition
  • Data storage
  • Data management
  • Data integration
  • Data mining
  • Data visualization
  • Other computing and information processing services distributed over the Internet beyond the scope of a single institution.

In scientific usage, cyberinfrastructure is a technological and sociological solution to the problem of�efficiently connecting laboratories, data, computers, and people with the goal of enabling derivation of�novel scientific theories and knowledge.

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Cornerstone (2) for the Journey* – A Main Focus on Reducing the Principal Sources of Transactional � Waste

* SOURCE: Construction Industry Institute (CII)

(2) Formation�Main�Focus

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Cornerstone (3a) for the Journey* – Accelerated Capital Projects Formation Roadmap

* With Permission from: Dr. Stephen Mulva, Director of the Advanced Capital Project Formation Research Initiative at Texas A&M University & Pete Dumont, CEO of PrairieDog Ventures

(3a) Formation�Roadmap

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* With Permission from: Dr. Stephen Mulva, Director of the Advanced Capital Project Formation Research Initiative at Texas A&M University & Pete Dumont, CEO of PrairieDog Ventures

Cornerstone (3b) for the Journey* – Accelerated Capital Projects Formation Focus Areas and � Components

(3b) Focus Areas and�Components

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Cornerstone (3c.1) for the Journey* – Accelerated Capital Projects Formation New Market Place

* With Permission from: Dr. Stephen Mulva, Director of the Advanced Capital Project Formation Research Initiative at Texas A&M University & Pete Dumont, CEO of PrairieDog Ventures

(3c.1) New Market Place

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Cornerstone (3c.2) for the Journey* – Accelerated Capital Projects Formation New Market Place

* With Permission from: Dr. Stephen Mulva, Director of the Advanced Capital Project Formation Research Initiative at Texas A&M University & Pete Dumont, CEO of PrairieDog Ventures

(3c.2) New Market Place

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Cornerstone (3d) for the Journey* – Accelerated Capital Projects Formation Digital Platform

* With Permission from: Dr. Stephen Mulva, Director of the Advanced Capital Project Formation Research Initiative at Texas A&M University & Pete Dumont, CEO of PrairieDog Ventures

(3d) Digital�Platform

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Cornerstone (3e) for the Journey* – Accelerated Capital Projects Formation Innovation through � Applied Research

* With Permission from: Dr. Stephen Mulva, Director of the Advanced Capital Project Formation Research Initiative at Texas A&M University & Pete Dumont, CEO of PrairieDog Ventures

(3e) Innovation through�Applied Research

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Cornerstone (3f) for the Journey* – Accelerated Capital Projects Formation Potential Research � Areas

* With Permission from: Dr. Stephen Mulva, Director of the Advanced Capital Project Formation Research Initiative at Texas A&M University & Pete Dumont, CEO of PrairieDog Ventures

(3f) Potential Research�Areas

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Cornerstone (3g.1) for the Journey* – Accelerated Capital Projects Formation Industry Support

(3g.1) Industry Support

* SOURCE: Construction Industry Institute (CII)

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Cornerstone (3g.2) for the Journey* – Accelerated Capital Projects Formation Industry Support

(3g.2) Industry Support

* SOURCE: Construction Industry Institute (CII)

“By the industry, for the industry”

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In closing...

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With Accelerated Capital Projects Formation, the Capital Projects Industry has a unique opportunity to realize and capitalize...

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...From a Universe of Possibilities

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…Through a World of Opportunities

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From a Macro-scale…

To a Micro-scale…

…To Specific Opportunities

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... That complement, supplement, strengthen, and enhance how the industry delivers Facilities & Civil Infrastructure Systems, particularly as key enablers of the UNSDGs...

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Capital Projects Industry

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... And ultimately transcend its focus from just the delivery of Facilities & Civil Infrastructure Systems to their higher purpose, which is enabling...

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... A Better World for Humanity with the highest: �

  • Quality of Life for People…
  • Quality of Place in the Natural, Built, and Virtual Environments…�&
  • Quality of Human Endeavors in the Social Environment…

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...So, will you join us as we�Assemble & Form, and then�Form & Fly in our Journey to the Future...?

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... The invitation is open to boldly go where…

... the Capital Projects Industry has not gone before…

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So, would you like to come along for the ride...?

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Thank you...