For release on:
8 October 2007
For more information contact:
Joe Patterson, PMI Public Relations
Project Management Institute
+1-610-356-4600 ext. 1112
joseph.patterson@pmi.org
ATLANTA, GEORGIA, USA –- Project Management Institute (PMI®), the world’s leading membership association for the project management profession, has announced the selection of the Fluor Corporation as the winner of its 2007 Project of the Year Award. The recognition honors a project and its project team for superior performance and the execution of exemplary project management.
Following an extensive selection process, Fluor’s Fernald Closure Project was selected from among a host of successfully completed projects from around the world. The two other finalists for PMI Project of the Year were Marriott International’s Worldwide Bedding Project and Suncor Energy’s Firebag Project Cogeneration Plant in Canada.
“Receiving PMI’s top award for the Fernald project is a true honor for our company. It means a great deal to be recognized for excellence by our peers from around the globe,” said Fluor Corporation’s Chairman and CEO Alan Boeckmann in accepting the award. “The success of the Fernald project came from the tireless efforts of our client – U.S. Department of Energy; state and federal regulators; elected officials; community leaders; neighbors; and more than a thousand Fernald workers. This award is a testament to their combined hard work and dedication.”
Fluor Corporation was nominated by the PMI Southwestern Ohio Chapter for the work that Fluor did for the U.S. Department of Energy in cleaning up the Fernald high-grade uranium metal processing facility outside of Cincinnati, Ohio, USA. The cleanup and restoration effort, begun in 1992 by Fluor, was one of the largest environmental cleanup operations undertaken in U.S. history. In 2007, the former processing facility’s 1,050-acres were opened to the public as the Fernald Nature Preserve. Using project management standards and methodology, Fluor completed the project 12 years ahead of schedule and $7.8 billion below initial estimates.
The PMI Southwestern Ohio Chapter is the 51st largest PMI chapter in the world with close to 1200 members. Its membership includes the majority of Ohio’s top companies, spanning industries ranging from information technology to aerospace engineering to consumer products.
The Project of the Year Award was presented in Atlanta on 6 October 2007 during the awards ceremony held in conjunction with PMI Global Congress 2007—North America.
About the Fernald Closure Project
The Fernald Closure Project (called the Fernald site) is a former uranium processing facility located 18 miles northwest of Cincinnati, Ohio. In 1989, after 37 years of operations to support the U.S. weapons program, site management shut down uranium metal production to concentrate on environmental compliance, waste management and remediation. Since 1992, Fluor Fernald has managed the cleanup and restoration of the 1,050-acre Fernald site for the U.S. Department of Energy (DOE). To coordinate fieldwork and leverage manpower and funding resources, Fluor Fernald organized site cleanup into a series of restoration projects.
About Fluor Corporation Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $14.1 billion in 2006. For more information, visit www.fluor.com
About PMI
With nearly 250,000 members in over 160 countries, Project Management Institute (PMI) is the leading membership association for the project management profession. PMI is actively engaged in advocacy for the profession, setting professional standards, conducting research and providing access to a wealth of information and resources. PMI also promotes career and professional development and offers certification, networking and community involvement opportunities.
For more than 38 years, PMI has advanced the careers of practitioners who have made project management indispensable in achieving business results. For more information, please visit www.pmi.org.
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