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A Journey to the Future of Capital Projects
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
Point of Departure, Context, and Drivers
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...
Natural
Built
Virtual
Social
In that World, �Humanity lives in four�Environments...
Quality of�Life
Quality�of�Place
Quality�of�Human�Endeavor
People
... With aspirations to have...
One current approach to achieve this is...
Environmental, Social, and Governance
Source: United Nations – http://www.un.org/sustainabledevelopment/sustainable-development-goals/
The Journey to the Future – Ecosystem of Potential Destinations (1a)
(1a) Potential Destinations –�The U.N. Sustainable Development�Goals
Source: International Science Council– https://council.science/publications/a-guide-to-sdg-interactions-from-science-to-implementation//
(1b) Synergies –�Among the�U.N. Sustainable Development�Goals
The Journey to the Future – Synergies (1b)
Capital Projects Industry
Source: United Nations – http://www.un.org/sustainabledevelopment/sustainable-development-goals/
(1c) Enablers – �Of the�U.N. Sustainable Development�Goals
The Journey to the Future – Enablers of the UNSDGs (1c)
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...
However, in the delivery of a Capital Project for Facilities & Civil Infrastructure Systems, the Capital Projects Industry needs to overcome several challenges...
A first challenge is that a Capital Project resembles a...
Capital�Project
Actors
...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...
A second challenge is that the Actors “speak” different “languages,” which many times creates a need for...
A common “language”...
...And a universal “translator”...
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...
... which creates a need to connect them in various ways...
Windows…
Doors...
Bridges…
Stairs…
Tunnels…
… And in addition, identify among them: Interrelationships, Interdependencies, Synergies, Dysergies, Redundancies, & Gaps
Destination
One way to overcome these challenges is:�
FORMATION
...which has two connotations...
ASSEMBLE & FORM
FORM & FLY
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)...
... And higher levels of the Triple ROI:
The Accelerated Capital Projects Formation Framework
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:
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: �
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.
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
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
* 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
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
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
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
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
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
Cornerstone (3g.1) for the Journey* – Accelerated Capital Projects Formation Industry Support
(3g.1) Industry Support
* SOURCE: Construction Industry Institute (CII)
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”
In closing...
With Accelerated Capital Projects Formation, the Capital Projects Industry has a unique opportunity to realize and capitalize...
...From a Universe of Possibilities…
…Through a World of Opportunities……
From a Macro-scale…
To a Micro-scale…
…To Specific Opportunities……
... That complement, supplement, strengthen, and enhance how the industry delivers Facilities & Civil Infrastructure Systems, particularly as key enablers of the UNSDGs...
Source: United Nations – http://www.un.org/sustainabledevelopment/sustainable-development-goals/
Capital Projects Industry
... And ultimately transcend its focus from just the delivery of Facilities & Civil Infrastructure Systems to their higher purpose, which is enabling...
... A Better World for Humanity with the highest: �
...So, will you join us as we�Assemble & Form, and then�Form & Fly in our Journey to the Future...?
... The invitation is open to boldly go where…
... the Capital Projects Industry has not gone before…
So, would you like to come along for the ride...?
Thank you...