I am honored to serve as the AACEI Houston Gulf Coast Section President for the 2016-2017 term. This year promises to be value filled with activities and focus on working towards strengthening our membership base and having a diverse speaker lineup for rewarding and beneficial networking sessions. Also, we are proud to announce that AACEI HGCS got the highest award, platinum for the award section this year. Plus our regional director Chris Caddell got an Outstanding Regional Director award and Kul Uppal was presented with Honorary Life Membership award.
I would like to acknowledge Our Outgoing Certification Board Chair Valerie Venters and our outgoing president Martin Darley for their outstanding contributions. Martin was elected as Vice President of Education and Valerie was elected Vice President of Certification.
Furthermore, our current employment environment and EPC markets are experiencing a downturn due to the continuous decline of oil prices. But there is a light at the end of the tunnel with a renewed shift towards renewable energies and a break in the mining and minerals markets. As a result, companies are adjusting to diverse into new and emerging markets. Same holds for professionals in Project Controls on taking on new challenges and exploring new opportunities and prospects. We’ve seen many individuals in the same market for years but now shifting to new markets to adjust and accommodate the change in client needs. Project Controls basics are the same across the board but differ in reporting and progress tracking and of course client requirements. In years past lump sum projects were very ordinary and common then we saw a shift to time and material/cost plus projects and now lump sum is returning with increased competition and market shifts in letting contracts.
Besides the above the technological advances in software, mobile, and cloud based offerings are further enhancing productivity and shifting reliance on the company’s IT support and infrastructure to the 3rd party vendors. That alone is another change both project managers and project controls professionals have to adjust to rapidly as need for instant accurate information is expected now from both contractor and client alike. Another angle that is gaining traction and focus in our industry is the Risk portion of our activities. Risk / Opportunity analysis and mitigation becomes essential to the project success with competitive margins and overseas projects.
Lastly, we will have an interesting speaker lineup for our monthly meetings and concentrate on useful activities to keep our section top in its class. We appreciate your feedback, involvement, and attendance. We are always open to constructive feedback and comments – don’t hesitate to contact me anytime….