EcoSys 8: Introducing Enterprise Projects Performance

Project controls is a vital part of successful project delivery. The ability to efficiently and accurately measure and forecast project performance can’t be understated. However, project controls alone is not enough. Consider a project that is flawlessly executed, on-time and on-budget, only to learn that it’s not strategic, doesn’t further an organization’s goals, and the...
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EVM: Management with the Lights On

Earned Value Management (EVM) is a method using specific metrics to measure, forecast, and ultimately improve project performance. EVM has been shown to be a very strong indicator of the future performance of a project. In fact, when EVM is effectively deployed, it can be used to predict project performance +/- 10% when the project...
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Improving Projects Performance at CH2M

Efficiency is important in improving organizational performance, especially in the Engineering & Construction industry where project margins are so thin. CH2M, a leading global engineering company providing consulting, design, construction and operations services recognized that in order to improve the performance of their projects, they needed to increase efficiency by eliminating the time spent manually...
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The Disjoint Between Project Controls and the ERP

Over the last 15-20 years I’ve had many a good debate on the merits of using mainstream ERP systems to manage project finances. Of course, the more accurate term is project cost controls, as opposed to project accounting, as cost engineers know these things to be discrete disciplines. The confusion stems from where they overlap;...
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