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19 Oct 2012

Driving And Capturing Significant Value In Contract Execution Management In Major Capital Projects

The speakers of this session are Clare Colhoun and Geoff Lill. Geoff is a seasoned project contract professional working in the oil and gas industry for over 35 years, in the Middle East, Far East, Africa and Europe. Clare is currently CEO of 8over8 Ltd and prior to this spent 15 years at the coalface in mega projects across the globe. As projects become more complex and increasingly costly to deliver, there is a requirement for the contract management function within the project to become more responsive in how it manages the commercial risks. Some of the largest projects have now embraced a
new disciplined approach to managing the contract execution phase. This session will help you:

• Enhance the line of sight across financial, legal, engineering and contract functions as the contract is executed

• Apply best practice CM processes during the execution of a project and raise ROI particularly in those industries, where a single services contract can be $12 bln and up

• Manage contract obligations changes/variations in a sophisticated manner that enhances cost avoidance and supports maximum cost recovery

• Build Claims defense into the execution phase


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