bestideas.globalinfrastructureinitiative.comGlobal Infrastructure Initiative Summit

ContactBest Ideas from the GII 2018 Summit Outcomes Report London 2018 Summit Major project delivery and digital transformation Download PDF We were excited to host the 5th in London from October 29-31, 2018. We hope this report, capturing the broad themes discussed and the summit’s best ideas, will serve as a guide for the GII community in moving the industry forward. Progress is a collective effort, and participants at the Summit identified ideas that individual organizations can pursue and opportunities for industry leaders to collectively address to tackle the industry’s biggest challenges. We look forward to engaging with these efforts and ask that each of you commits to implementing at least one of these ideas before we reconvene in Montreal in 2020. Explore the ideas below or download a printable version. We welcome your ideas, recommendations, and updates at info@giiconnect.com . Making progress GII aspires to help industry leaders improve infrastructure delivery and get more out of existing assets. The industry has made great strides—yet challenges remain, and new ones are emerging. We identified specific actions to help catalyze further progress. Read more 〉 Plan PLANKey actions: Innovate early in planning processes and design for the future Digitize and automate processes and systems Prioritize capability building and recruiting new talent Invest in resilient and climate-smart infrastructure Read more 〉 An outcome-focused approach and experimentation with new ways of working can enhance project planning. Finance FINANCEKey actions: Refine business plans and forecasts using data analytics Build flexible assets to capture a range of funding sources over time Include diverse revenue sources in financing plans Build and broaden investors’ in-house digital expertise Read more 〉 Technology and data analytics are transforming project investment trends and opportunities. Build BUILDKey actions: Scale the use of interoperable and modular components Measure progress against a well-defined, outcome-focused business case Use real-time management data to enable early identification of project issues Adopt collaborative contracts that incorporate risk sharing and clear requirements Read more 〉 Disruption of project delivery is under way. Who is best positioned to take the lead and reap the benefits? Operate OPERATEKey actions: Adopt a user-centric view Use technology to break down barriers between assets and systems Consider regulatory and procurement changes to set the conditions for innovation Plan for changes in mobility as the biggest disruptor across all types of infrastructure Read more 〉 Infrastructure assets must be flexible and able to adapt to emerging technologies and user expectations over the course of operations. Inspiring Ideas Accelerating digital innovation Creating citizen-centric cities Building bridges to prosperity Delivering infrastructure with diverse global teams Cross-Cutting Ideas Connecting Eurasia Minimizing risk will be critical to attracting the private and multi-lateral financing needed to close Asia’s $8 trillion infrastructure investment gap. Cultivating great project leaders Successful delivery of critical infrastructure is reliant on a pipeline of talented and diverse project leaders. Sector-Specific Roundtables Energy & Resources The next wave of major projects will demand skilled project leaders who can navigate the new digital landscape. Engineering & Construction A manufacturing-style approach to construction could dramatically transform project planning and delivery. Real Estate Global trends are disrupting the real estate market. Developers and investors must anticipate and address them to stay competitive. London 2018 Site Visits GII participants went behind-the-scenes at some of London’s most complex and innovative major projects. Read more 〉 Resources Read more 〉 Our PartnersOur 2018 Partners Close Home Making progress Making progress PLAN PLAN FINANCE FINANCE BUILD BUILD OPERATE OPERATE Inspiring Ideas Accelerating digital innovation Creating citizen-centric cities Building bridges to prosperity Delivering infrastructure with diverse global teams Cross-Cutting Ideas Connecting Eurasia Cultivating great project leaders Sector-Specific Roundtables Energy & Resources Engineering & Construction Real Estate London 2018 Site Visits London 2018 Site Visits Resources Resources Participants Participants About...