Governance and executive management of major capital projects.
KPMG has sought to tap into the wealth of experience of those that have managed major private and public infrastructure projects in Canada, in order to establish key success factors. We spoke to over 30 board members, senior executives and senior provincial government officials responsible for governance, planning and delivery of major capital projects. These individuals represent national and provincial government and ministries, as well as companies from the mining, industrials, oil, gas and utilities sectors. The findings have been augmented with learnings from our specialists in Canada and globally, as well as results of KPMG’s 2015 Global Construction Project Owners’ Survey.
We believe that this paper can help those tasked with large projects (i.e. more than US$500 million) to ask better questions on what good practice looks like. This in turn should lead to more effective governance, reduced risk of failure, and improved performance.