Publications

The Westney Annual Capital Project Perspective

• 2011: Improving the Predictability of Major Projects – Myth and Measurement

The Westney Advisor

• Why Projects Overrun – And What To Do About It
• Achieving Financial Close When Contractors Won’t Take Risk
• Calibrating the Predictability of Major Projects
• The Four Planes of Capital Projects – an Integrated Approach to Due Diligence
• The Myth of Predictability – Risk Driven Strategies for Major Projects
• Due Diligence for Improved Project Predictability 
• Improving the Predictability of the CapEx Portfolio
• Understanding Risk Exposure to Facilitate Clean Energy Loan Guarantees
• Are Stages and Gates Destroying Predictability? – The Unintended Consequences of Front-End Loading
• Testing the “Declaration of Independents” – Can Lean Organizations Reduce the Time and Cost to First Oil?
• Understanding Financial Exposure in the CapEx Portfolio
• Using the Proxy NPV Model for Value-based Strategic Decisions

Books by Westney Authors

	Risk Navigation Strategies for Capital Projects … Beyond the Myth of Predictability.
	Computerized Management of Multiple Small Projects This top-selling book explains exactly how to plan, estimate and control multiple small projects using today's project management software.
	The Engineer's Cost Handbook This 800 page reference explains how to manage project costs from early estimating, through profitability analysis and cost control. A useful reference for anyone concerned with project costs.
	The Strategic Project Planner This 300 page workbook is a valuable tool for each member of the project team when developing a Project Execution Plan.

The McKinsey & Company Operations Extranet   (Click here to visit the website)

• When Failure is Not an Option: Making Joint Ventures Work for Capital Projects. Part 1: Joint ventures – Cause or cure for major project risk?
• When Failure is Not an Option: Making Joint Ventures Work for Capital Projects. Part 2: Four steps to making project JVs work

The Oil & Gas Financial Journal

• Considering CapEx Investments in a Time of Unusual Uncertainty
• Assessing the Risk in Capital Intensive Opportunities

World Energy

• CapEx VAR®: Key to Improving Predictability
• Interview with Keith Dodson and Richard Westney: Improving CapEx Predictability and Performance

The Offshore Technology Conference

• Offshore Projects in an Era of Unusual Uncertainty
• Managing Megaprojects in the Current Environment (general session)
• Managing the Cost and Schedule Risk of Offshore Development Projects
• What is the Future Model for Offshore Project Execution? (general session)

The Floating LNG 2010 Conference

• Identifying and Managing the Unique Risks of FLNG Projects (presentation)

The Engineering & Construction Contracting Association (ECC)

• Collaboration and Cooperation – What a Concept! (general session presentation)
• Achieving Predictable Project Costs in an Unpredictable World (forum)
• Why Do Good Engineers and Constructors Have Bad Projects? (general session presentation)

The Society of Petroleum Engineers (SPE)

• Aligning E&P Organizations to Manage Large Capital Projects
• The Future of Project Profit Prediction – Framing the Future (an SPE Forum presentation)
• Predictable Projects – An Impossible Dream? (presentation)

The Institute for Operations Research and Management Science (INFORMS)

• Why Projects Overrun, and What to Do About It (presentation)

The U.S. Association of Energy Economists (USAEE)

• Predictable Projects in a World of Black Swans

Offshore Magazine

• Managing Offshore Projects Requires Re-thinking the Process
• Leveraging to Manage Offshore Construction Projects
• Setting the Strategy for Successful Projects

The Norwegian University of Science and Technology

• Blame it on the Black Swan! (presentation)
• Strategic Risk Factors in Major Projects (presentation)

The American Institute of Chemical Engineers (AIChE)

• Project Portfolio Capital at Risk and the Enterprise Project Delivery System
• Delivering Energy Projects Predictably

The Project Management Institute (PMI®)

• Implementing an Effective Lessons Learned Process in a Global Project Environment

The Construction Industry Institute (CII)

• Capital Project Execution Risk and Mitigating Strategies (executive workshop)

University of Calgary

• Improving Megaproject Performance (lecture)

The Rice Global Engineering & Construction Forum

• Meeting the Challenge of Project Predictability (presentation)