by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Project Manager : April May 2011
• neWs Project manager 6 downer’S $103m FirST HalF loSS ProMPTed new riSk ManageMenT ProceSSeS The Victorian State Government has announced it will launch an Ombudsman’s inquiry into the Northern Victoria Irrigation Renewal Project (NVIRP). The project, initiated by the State Labor Government to modernise the irrigation network and save water in northern Victoria’s foodbowl, has come under widespread criticism. NVIRP Chief Executive, Murray Smith, said he welcomed the inquiry because it would provide the public with an opportunity to have their concerns about the scheme independently examined. “ We’ve been giving it the best shot we can, it’s always been a complex project, it’s been a politically challenging project, that’s the sort of space we live in and we’re used to it,” said Smith. “But driving behind this is the overall importance of this project to the long-term future of irrigation communities in the GMID [Goulburn Murray Irrigation District].” Probe into water-saving scheme New risk processes for downer edI aiPM ParTnerS wiTH buSineSS analySiS body AIPM and the Australian Institute of Business Analysis (AIBA) have formed an alliance that will pool the resources of both associations for the benefit of their members. Ian Baxter, General Manager at AIPM, and Aldo Antolli, AIBA’s Managing Director, signed the agreement in February. “ This strategic alliance brings the leading industry bodies of two disciplines together that are linked in the achievement of both project and business outcomes,” Baxter said. “AIPM is very excited about the opportunities this partnership will provide.” Antolli added: “Project management is an important competency of ours, as is business analysis with AIPM. So we are delighted to have forged this strategic partnership with our friends at AIPM.” The engineering ser vices group Downer EDI has announced it will implement quarterly reviews of its contracts and improve its tendering processes. Chief Executive Grant Fenn said part of the new risk management process is to “tender for the right stuff at the right price and the right risk” and that under the new procedures its bid for the $1.9 billion Waratah train contract would have been unlikely to go ahead. The Waratah contract to build 78 passenger trains for the NSW Government has been beset by delays and cost blowouts. This caused Downer to post a $103.8 million first half loss and strengthen its capital position with a $279 million one-for-four renounceable entitlement offer and halt trade in its shares. But some analysts “remain concerned” that the level of capital raised would be enough to complete the Waratah contract. • neWs driving beHind THiS iS THe overall iMPorTance oF THiS ProjecT To THe long- TerM FuTure oF irrigaTion coMMuniTieS (l-r) aiPM general Manager ian baxter and aiba Managing director aldo antolli THINkSToCk
June July 2011