Nostradamus for Projects (Part II): Utilizing Predictability Metrics in Benchmarking and Analysis to Improve Performance

November 7th, 2018

In Part I of Nostradamus for Projects, we covered how improving predictability in the construction industry can mitigate cost and schedule overruns, ultimately having a huge impact on returns and margins. Project predictability is simply knowing the outcome variance of a project as early as possible, i.e. how early in the project lifecycle is the […]


Nostradamus for Projects (Part I): Building Predictability into your Enterprise

April 25th, 2018

Predictability

Why is it the construction industry lags other sectors when it comes to productivity? Why are cost and schedule overruns the norm for engineering and construction projects? The answer to these questions is complicated, as there are many factors that affect project outcomes. However, there is one critical factor that is often overlooked, but has […]


Podcast: Maximizing Your Projects Performance

October 18th, 2017

Projects and portfolios often struggle to deliver their desired return on investment. Many in the projects business don’t standardize project prioritization, planning and delivery. They select projects without knowing whether they align with strategy. They can’t establish real performance baselines. With these limitations, what result should you expect? With EcoSys, we’ve always focused on project […]


EcoSys 8: Introducing Enterprise Projects Performance

October 3rd, 2017

Expert businessman using business intelligence to sketch future growth and success with charts

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 […]