City capital projects will soon receive greater oversight and improved efficiency thanks to Council’s approval of a new project management policy framework on Monday evening. The Organizational Capital Project Management policy passed at the October 4 Council Meeting represents the latest step in a two-phase approach to enhance project governance and give Council a better understanding of City project lifecycle management and practices.
The initiative grew out a review of the George Street Parkade construction project. The policy framework was a key action item in Council’s plan to streamline capital project administration.
The policy framework endorsed by Council includes process maps, process descriptions, responsibility assignments, and other tools to make City project delivery more efficient, consistent, and cost-effective. The next steps will involve creating an operating manual and training City staff to apply the new principles to capital programs and projects. Council will receive a project completion update once phase two ends later this year in December.
For more information:
- Read the Sept. 24 Staff Report to Council – Organizational Capital Project Management Review and Framework Project Update
- Read the 2021 Organizational Capital Project Management Policy
- Read the 2021 Organizational Capital Project Management presentation
- Read the George Street Parkade review
Significant Capital Project Health
At the August 30 Council meeting, Administration provided Council with an update on the significant capital projects that are currently under construction in Prince George. Of the $176M-worth of capital projects currently underway, only one, the new downtown pool, was projected over budget, and two were listed as “under review.”
Two projects were also listed as behind schedule, and one was labelled as “needs attention.”