Navigating Major Programmes
What would it take to prioritize major programme outcomes over more familiar factors like price and procedural fairness? This is the question posed by Peter Weltman, the guest host on this Uncharted Conversations episode. Peter notes that Canada’s infrastructure industry is struggling to maintain what it already has, much less build what it needs next. Iterating is likely to fail, so what are the alternatives? Co-hosts Shormila, David, Melissa, and Riccardo quickly surface the real tension: “outcomes” are often harder to define, measure, and defend than cost—and public procurement systems are deliberately built for political optics and to avoid the perception of discretionary decision-making. Together, the panel explores why technical merit often fails to meaningfully influence selection and why innovation tends to get squeezed out when projects are seen as fixed scope from the beginning. From there, the conversation widens beyond RFP mechanics into bigger levers: risk appetite for unsolicited proposals, whether Canada needs an “infrastructure venture fund” for ideas, and the value of portfolio thinking. Canada may not be ready to blow up the whole system. However, examples—including new financing entities and development-partner models—both within and beyond infrastructure highlight alternative pathways that are already emerging. Key Takeaways * The problem with reducing “value for money” to competitive pricing in major projects; * The difficulty in defining “outcome-based procurement” beyond cost; * How better technical discrimination can prevent price from dominating “best value” selections; * The potential for more rigorous schedule and delivery certainty evaluation through risk analysis; * How entities might catalyze more innovative deal structures than classic linear procurements. Quote: * “How do we create the incentives to build the capacity to do things in a more innovative way, realize more budget, more benefits?” - Peter Weltman The conversation doesn’t stop here—connect and converse with our community via LinkedIn: * Follow Navigating Major Programmes: https://www.linkedin.com/company/navigating-major-programmes/ [https://www.linkedin.com/company/navigating-major-programmes/] * Read Riccardo’s latest at www.riccardocosentino.com [http://www.riccardocosentino.com] * Follow Riccardo Cosentino: https://www.linkedin.com/in/cosentinoriccardo/ [https://www.linkedin.com/in/cosentinoriccardo/] * Follow Shormila Chatterjee: https://www.linkedin.com/in/shormilac/ [https://www.linkedin.com/in/shormilac/] * Follow Melissa Di Marco: https://www.linkedin.com/in/melissa-di-marco/ [https://www.linkedin.com/in/melissa-di-marco/] * Follow Peter Weltman: https://www.linkedin.com/in/peter-weltman/ [https://www.linkedin.com/in/peter-weltman/]
104 episodios
Comentarios
0Sé la primera persona en comentar
¡Regístrate ahora y únete a la comunidad de Navigating Major Programmes!