About
Large capital and construction projects continue to struggle with delays, cost overruns, and disappointing results. Bent Flyvbjerg famously described this persistent pattern as the “Iron Law of Megaprojects”: over budget, over time, and under benefits—again and again.

This presentation explores how organizations can break that pattern by developing a Flow System Capability for managing complex project environments. Drawing on the Theory of Constraints, Critical Chain Project Management (CCPM), and Lean Construction practices such as Last Planner, TAKT, BIM, and Advanced Work Packaging (AWP), the presentation shows how integrating these approaches around Goldratt’s Flow Principles can dramatically improve project performance.

Rather than optimizing individual tasks or disciplines, this approach focuses on managing system-wide flow: controlling work-in-process, synchronizing teams, prioritizing through constraints, and buffering against variability.

We use several example including a real large-scale Brownfield project case study where this integrated approach enabled the team to move from firefighting and fragmentation to coordinated flow—resulting in a shutdown completed 20% faster than planned, record operational performance, and rapid return on investment.
When
Wednesday, May 13, 2026 · 12:00 p.m. Eastern Time (US & Canada) (GMT -4:00)
Agenda
  • Why large projects often run late and over budget
  • How a flow-based approach improves project coordination.
  • A real case showing faster project completion and better results.
  • Discussion+ live Q&A
Presenter
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Javier Arevalo
Global and Founding Partner Goldratt Group
Since childhood, science has been my passion. Inspired by Jacques Cousteau, I dreamed of exploring the oceans, but I ended up diving into an even more unpredictable ecosystem: the business world. I quickly realized that, just like in nature, organizations need balance, adaptation, and constant feedback to survive. Oh, and coffee. Lots of coffee. A Good Macchiato please!!! My professional journey has been a mix of science and strategy. I hold a Ph.D. in Biochemistry from the University of Notre Dame and a postdoc from Texas A&M, but instead of staying in a lab, I decided to apply scientific principles to business management. I spent a decade at Procter & Gamble, leading product development and process improvements for brands everyone has used (I need it less and less) .In 2004, my career took a new turn when I joined Goldratt Consulting as a founding partner and Director for Latin America, working directly with the legendary Dr. Eliyahu Goldratt, creator of the Theory of Constraints (TOC). Since then, I have led TOC implementations across the continent, helping businesses optimize supply chains, improve productivity of their plants and projects, and transform operations, maintenance. I’ve worked with industry leaders such as Bridgestone, Bosch, P&G, Cementos Argos, Crystal, Vale, Braskem, Yara, Mosaic, Isringhausen, CBMM, and many others, proving that chaos can turn into order with the right strategy. Beyond consulting, I have invested time to teaching and writing. I have written several books, including: "Forget the Urgent" – A guide to stop living in constant crisis mode and solve the supply chain and learn how to solve conflicts. "Building Focus" – A manual on developing strategic focus in business and life, and managing a construction company, where we propose a new way of running projects. "Unlock Life’s Constraints" – Applying TOC principles to personal growth and success, to answer the most fundamental and critical questions. How to live a Meaningful Life. "Handbook for Implementation of CCPM" – A key reference from Dave Updegrove, on project management using TOC, translated into Spanish and Portuguese. I’ve also been actively involved in education initiatives, including TOC for Education and leadership programs for young professionals, at many business schools and universities across the continent in Florida, Ohio, Mexico, Ecuador, Colombia, Venezuela, Argentina, Peru and Chile. My interest is simple: help companies in Latin America thrive and generate wealth, because when businesses succeed, the entire region benefits.
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