Project Management Institute

Powerful PM

The Stave Falls Replacement Project

An overview is presented of the Stave Falls Replacement project, a massive, hydroelectric facility refurbishment undertaken by the Canadian utility, BC Hydro in the 1990s, and a finalist in PMI's 2001 International Project of the Year competition.In the fall of 1999, the new powerplant went into service, and the old powerhouse was converted into a historic visitor center.The project spanned a decade, cost nearly Can$200 million, and was completed on time and 21 percent under budget.Credit for this success is attributed largely to the decision to institute PM principles early in the project, to the development of a qualified and motivated project team, and to the adoption of the serious business of having fun philosophy.
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