Greece Public SectorMartin S Hirko, MIRCS: Regional Director, Faithful+Gould

November 2015

Restructuring Greece: Project Managing the Challenge

Public sector design & construction priorities

Transparent, Fair and Competitive Tender Process Open Market – Cast a Wide Net Potentially Large List of Participants or Bidders

Value, Quality and Sustainability Health & Safety Considerations (Design & Construction)

Best Value @ Lowest Cost Durable, Long Lasting & Low Maintenance = Reduced Lifecycle Cost

Sustainability

General public sector process risks

Typical Public Tender Process Unknown Market Conditions Uncertain Number of Participants/Bidders - Too many or Too Few

No Guarantee of Value, Quality and Sustainability Increased Health & Safety Risks (Design & Construction) Increased Risk – Cost Overruns & Long-term Cost Increases

Major Negative Effects History of Extended Completion Dates History of Budget Overruns History of Long-term Litigation and Fees

Incorporating select private sector methods

Professional Pre-tender Cost Planning Robust Budgeting, Cost Planning & Monitoring (Design & Construction)

Professional Pre-tender Due Diligence Pre-tender Analysis of Market Conditions Pre-qualification Process

Highly Confident List of Participants Confidence in Cost, Quality, Schedule and Sustainability

Reduced Health & Safety Risks – Design, Construction & Occupancy Increased Value & Reduced Risk

Reduced Risk of Negative Impacts More Confident Project Schedules / Programs

Reduced Budget Overruns Reduced Litigation and Fees

Introduce Integrated Partnership Approach Design-Build or Design-Build-Operate (PPP) Approach

Independent “owner’s” project manager

Internationally Accepted Standards Tried and Proven Global Contracts:

FDIC - International Federation of Consulting Engineers Monitoring and Control Processes:

Schedule, Manpower & Cash-flow

Internationally Accepted Professional Accreditations RICS – Royal Institution of Chartered Surveyors http://www.rics.org/ PMI – Project Management Institute http://www.pmi.org/

Professional Indemnity Insurance Professional Indemnity Insurance Protection

summary

Benefits of “Select” Private Sector Methods & Practices

Independent Professional Project Management

Confident Project Monitoring and Control Processes

Higher Level of Assurance in:

Health & Safety Compliance

Budget Compliance & Final Cost Certainty

Schedule Tracking & Completion

Quality, Value and Sustainability

Ευχαριστώ πολύ!

Thank you

Martin S Hirko, MIRCSRegional Director, Faithful+Gould

FGOULD.COM