Live Webinar – November 15th 2016 7:30 am – 8:30 am EST
Live Webinar – November 15th 2016 12:30 PM – 1:30 PM BT
Activity Type: Education – Course or Training  1 Hour  1 PDU
Provider: Association for Project Management – APM

More information on Crossrail’s Commercial assurance can be found on the Crossrail Learning Legacy website.

Primary objectives of the Crossrail Commercial Assurance function are:

1. Be pro-active; aiding delivery teams (including the Tier 1 supply chain) in establishing appropriate commercial controls and best practice performance levels
2. Support capability enhancement; providing access to Crossrail’s functional leaders / their dedicated teams
3. Drive continuous improvement; through bringing outside learning into the Programme and acting as a platform to share learning and best practice
4. Be efficient to operate; directing resource to aid improvement and to avoid man-marking
5. Provide demonstrable evidence to stakeholders; through capturing quantitative evidence of best practice commercial performance

This webinar explains how the scope of Commercial Assurance spans across the Crossrail Programme, with a particular focus on contracts where Crossrail had directly engaged main contractors.

The seventh webinar in the series discusses how Commercial Assurance reviews are focused on assessing, supporting and ultimately assuring that the delivery teams and Tier 1 suppliers working across the Programme are operating to a level of commercial performance that will enable cost and commercial objectives to be met – the principal being the achievement of value for money and predictability.

A programme controls approach was needed to integrate commercial management information to support decision making by the leadership team.

A periodic Programme Controls Working Group meeting, combined with commercial data and trend analysis, facilitated a good understanding of commercial performance across each of the programme controls functional areas.

This effectively highlighted areas of commercial risk, enabled the targeted deployment of functional specialists to undertake further assurance work, and improvement action plans to be developed.

This webinar outlines how commercial indicators can be used to better profile commercial risk to inform more effective management action and intervention.

It will be relevant to any project developing and setting up an approach to measuring commercial performance, or developing initiatives to improve commercial performance during the delivery phase.

Click to register for:
Crossrail Commercial Assurance

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