Thursday February 29, 2024

Time: 7:30-9:30 am

Location: Lennox Hall (old Toronto Board of Trade venue), First Canadian Place, Toronto, ON M5H 4A6

Joint event: Future of Infrastructure Group and Canadian Council for Public Private Partnerships

Canada is investing record amounts into transit projects with most major cities across the country having at least one rail line in planning or construction. Transit projects are large and complex with many uncertainties and unknowns, and large networks of interrelated responsibilities all relying on each other to be successful. This adds up to significant project risk. Unclear, unmanaged, or misallocated risk can add significant costs and delay project completion.

As risks are realized and add costs and delays to projects, it reduces the capacity to build future infrastructure by eroding government budgets and reducing political and public appetite to build major projects in future. By focusing on anticipating and proactively addressing risks it helps ensure more projects are delivered on time and on budget. There are many examples of how projects across Canada are using different processes and tools to understand and tackle risk at every stage. This event hosted in partnership with the Canadian Council for Public Private Partnerships will launch a new report from the Future of Infrastructure Group on Reducing Risk in Transit Projects, that includes a series of recommendations based on these experiences to support better project outcomes

Key Themes

1. Planning around the risks that are common across most projects
2. Building the right environment before the project starts
3. Getting a good start to stop issues snowballing
4. Working together to identify and solve issues in a timely way
5. Focusing on the end goal and integrating all project elements

Speakers

• Corina Moore, Executive Vice President, Transportation & Infrastructure, WSP
• Chris Phillips, Senior Vice President, Project Delivery (LRTs), Infrastructure Ontario
• Tim Shepherd, Alliance Director, Union Statement Enhancement Project, Kiewit

Moderated by Lisa Mitchell, President and CEO, Canadian Council for Public-Private Partnerships.

Register Here