Innovating the commercial framework - Improving contractual structures and aligning incentives between project owners and the supply chain – presentation by McKinsey & Company
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Advancing contractual structures and aligning incentives between project owners and the supply chain in Australia can help improve project outcomes and increase market appetite and competition. McKinsey & Company research suggests that contractors and suppliers consider contractual structures and incentives to be the principal hurdle to achieving better outcomes on projects, transaction complexity and regulatory burden add unnecessary cost and delays and prevent high productivity.
This presentation will provide an overview of McKinsey & Company report titled 'Australia's Infrastructure Innovation Imperative’, focusing on the innovation in the commercial framework in Australia's infrastructure and start to explore ways to implement effective changes based on the ideas included in the report.
This event will conclude by special end of year networking drinks provided by KordaMentha.
About Peter Trueman
Peter Trueman is a construction, major projects and infrastructure advisor at McKinsey & Company with significant experience in leading major infrastructure projects and businesses. As an infrastructure industry insider in a Firm that provides step change impact to organisations across all government and industry sectors, Peter is bringing sustainable transformation to infrastructure enterprises.
Peter hold engineering, computer science and MBA degrees and has decades of client and contractor side experience with all forms of delivery contracts and procurement processes.
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