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FOR IMMEDIATE RELEASE

Successful Capital Projects in Uncertain Times

(TEMPE, Arizona) March 1, 2011 — Sourcing for capital projects presents both great opportunities and challenges for a company. Such projects are inherently complex, require long-term vision and commitment, and can be affected by several "macro" factors. However, when engineering and sourcing teams' goals are synchronized and collaboration is effective and robust, great value can be delivered through the project. This report, based on a CAPS Research Critical Issues Partnership program, summarizes the main challenges and key successful strategies for sourcing capital projects, particularly in an uncertain economy. Topics include managing uncertainty, building competencies, metrics/KPIs, contract issues, and early sourcing involvement.

The critical issues report "Successful Capital Projects in Uncertain Times" is available on the CAPS Research public website www.capsresearch.org. First time visitors will be prompted to register to access reports.

Celebrating our 25th Anniversary, CAPS Research is a nonprofit research organization founded in 1986 to provide leading research to our strategic-minded corporate sponsors and to the public. Our mission is to work in partnership with a global network of executives and academics for the discovery and dissemination of strategic supply management knowledge and best practices. CAPS Research is jointly sponsored by the W. P. Carey School of Business at Arizona State University, the Institute for Supply Management™, and Global 1000/Fortune 500-size organizations.

Media Contact:
Debbie Maciejewski
Marketing Manager
CAPS Research
800-888-6276 extension 3046
Email: dmaciejewski@capsresearch.org

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