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Description

Session ID: 11189

Abstract: Executing mega capital project with billions of dollars in spend typically requires projects to be structured as delivery teams (procurement, logistics, engineering) which does not align with the resulting assets that will be capitalized (buildings, plants) and is complicated further when assets are placed in service at different times requiring partial capitalization. We demonstrate how you can standardize project management and streamline project close and asset capitalization for your next capital project. We discuss various project allocation strategies, their implications & best practices

Objective 1: Best practices for streamlining and standardizing project management processes

Objective 2: Lear how to establish a clear line of sight between your projects and fixed assets

Objective 3: Learn best practices for determining and creating the right set of allocation rules

Audience: Project Manager

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