Project Scope: What It Is and How To Define It

April 15th, 2021

Panic sets in一you’re reviewing a project budget and realizing there is far too little money allotted for the work left. Sadly, this is a common occurrence. At least 85 percent of every project is over budget to some degree. Although this may not be as detrimental for small projects, overruns are detrimental on an enterprise […]


Capital Budgeting: Definition, Benefits, and Process

March 19th, 2021

As the global market becomes more competitive, businesses become more reliant on quantitative and data-driven analytics to make major decisions. Relying on numbers to give you an informed and objective pathway is more astute than working based on assumptions or the learning-by-trying methodology. This objective approach proves critical for companies looking into new and high-profile […]


Burns & McDonnell Talks Project Agility with EcoSys

March 12th, 2021

As companies in the engineering and construction industry react, respond and reprioritize in the wake of COVID-19, their business needs are drastically changing as well. To satisfy those needs, companies are having to adapt technology, and do so quickly. As Microsoft CEO Satya Nadella put it, “We have seen two years’ worth of digital transformation […]


How to Improve Nuclear Project Execution Efficiency

March 3rd, 2021

As the pressure to decrease CO2 emissions continues to grow, nuclear power has been identified to have great potential in helping countries to achieve the goals established in the 2015 Paris Agreement of limiting temperature change to 1,5C. According to IAEA, nuclear power, along with hydropower and wind energy, produces one of the lowest GHG emissions […]


Project Analytics: Benefits, Challenges and First Steps

February 22nd, 2021

Underperformance is nothing new in the world of capital projects. Large projects experience cost and schedule overruns consistently. They are not meeting their intended objectives, not delivering expected business value. We’ve been hearing the same story for years. Additionally, projects are beginning to have a greater impact on shareholder value. This has raised the stakes […]


Tips & Tricks: A Tour of EcoSys Connect

February 9th, 2021

Our newest integration product available to EcoSys customers, EcoSys Connect, is a no-code/low-code integration platform that consolidates data from multiple systems. It maximizes your existing technology investments with one login, one database and many solutions. Our cloud-enabled integration platform improves performance and reliability, while reducing implementation time and costs.     The EcoSys Connect User […]