Italferr at the 7th National Project Management Forum

On 14 June 2024, Italferr's Risk Officer took part in the 7^th National Project Management Forum in Rome, a major event in the project management sector, as part of the round table 'Navigating complexity in infrastructure projects' together with the Chief Infrastructure Officer of Aeroporti di Roma and the CEO and Managing Director of Amplia Infrastructures.

The company was asked to answer three the key questions in front of an audience of numerous senior figures from important companies and institutions.

When can the context of an infrastructure project be defined as complex? What is involved in working in a complex context?

"An infrastructure project is always complex as it involves continuous interactions between internal and external variables, including social, economic and regulatory factors. These projects require proactive risk management and effective communication to address the challenges and ensure project success".

To what extent can a project be influenced by context and how?

"A project can be seen as a modification of the context aimed at making it more favourable to the strategic objectives of the client company. Therefore, it is inevitable that the context reacts and resists change. The external context, which includes the social, cultural, political and economic-financial environment, profoundly influences a project. For example, regulations and socio-economic factors can impact budgets, resources and schedules. It is therefore essential to continuously monitor these elements and adapt quickly to change. For this reason, risk management analysis is important in order to act well in advance, thereby saving large amounts of resources and avoiding the most damaging events".

Following the study you have completed in Italferr on risk forecasting based on the analysis of the present, which control tools have you identified?

"Italferr has developed risk control tools that enable project managers to understand and manage inherent uncertainty in complex projects. These tools, based on quantitative risk analysis, are used to predict and mitigate negative impacts, thus ensuring more effective and resilient project management".

Italferr's participation in the Forum highlighted the company's commitment to promoting excellence and innovation in the management of infrastructure projects.