tuesday 9 october, 2007 project management - setting the standard australian institute of project...
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TUESDAY 9 OCTOBER, 2007Project Management - Setting the StandardAustralian Institute of Project Management National Conference 2007Hobart Tasmania October 7 – 10, 2007
CS4.2.1
Sustainability: Creating Possibilities by Challenging
What is Possible
Mary Casey
AIPM Conference Hobart October 2007
Sustainability: Creating Possibilities by Challenging What is Possible
AIPM Conference Hobart October 2007
The Change is Not Coming – It’s Here
• The rules are being redefined - daily
• Early action is key to prosperity
• Potential for mistakes – no action has a fairly certain outcome
AIPM Conference Hobart October 2007
Sustainability: Trends and Rate of Change
• Property
• 2002: limited discussion, fringe concept
• 2007: GS projects, PCA A-grade requirement, Section J
regulation
• Investment• 2003: SRI in Australia grew by 26%, up to > $21.5 billion;
BT Financial, Deustche, ING• CDP4 has 225 of FT500 (72%), $31.5 trillion• 2007: Citigroup reports on ‘Winners’ and ‘At Risk’ on basis
of corporate environmental response
AIPM Conference Hobart October 2007
Sustainability: Trends and Rate of Change
• Market Awareness• 1992: 75% ‘expressed concern’ about the environment (ABS)
• 2001: 62% (ABS)
• 2006: Stern Report, IPCC Report
• 2007: Articles in mainstream media almost daily, SMH, Fin
Review
• Government Policy
• 2004: BASIX, 5-star BCA in ACT, NSW, VIC, WA
• 2007: The Hon Malcolm Turnbull – ‘the biggest
economic challenge of our time’
AIPM Conference Hobart October 2007
What Does That Mean to Project Managers?
• Understand current position
• Define parameters for success
• Understand client’s vision
• Challenge what is (assumed as) (im)possible
AIPM Conference Hobart October 2007
Sir Moses Montefiore
• DECC ‘Significant Water User’
• What is the real question?
• 15% reduction, plan 1 yr overdue
• Find the way to the solution
• 27% reduction at 44% IRR (10 yrs)
AIPM Conference Hobart October 2007
The University of New South Wales
• Why green?
• improved asset performance
• attraction and retention of
students and staff
• Key component of their brand as
a leading business school
• ESD strategy aligns with client’s
objectives - energy and water
efficiency, IEQ
Photo: Michael Duchesne
AIPM Conference Hobart October 2007
For Further Information
• Recent Papers:• Davis Langdon: The Cost and Benefit of Achieving Green Buildings
• GBCA: The Dollars and Sense of Green Buildings
• John Llewellyn, Lehman Brothers: The Business of Climate Change
• Lash and Wellington, Harvard Business Review: Competitive
Advantage on a Warming Planet
• Recent Books:
• Tim Flannery: The Weather Makers
• George Monibot: Heat
• Stuart L Hart : Capitalism at the Crossroads
• Film: ‘An Inconvenient Truth’
AIPM Conference Hobart October 2007
A Final Thought
“Leaders can conceive and articulate goals that lift people out of their petty preoccupations and unite them in pursuit of objectives worthy of their best efforts.”
-John Gardner