Turner & Townsend is a professional services company based in the U.K. specializing in program management, project management, cost management, and consulting. In the post-COVID world, Heathrow Airport has recognized the need to enhance its processes, procedures, tools, technology, and reporting to manage its portfolio, programs, and projects effectively. As a result, they have appointed […]
Rediscover EcoSys: The Ultimate Solution for Enterprise Project Performance
May 25th, 2023
Are you tired of wasting time, resources, and energy on your organization’s capital projects and portfolios? Do you feel like your team is flying blind with information scattered across multiple systems, spreadsheets, and weekly reports? Do you often worry you’re behind when it comes to modernizing your project and portfolio processes and best practices? If […]
How Technip Energies Uses EcoSys for Digital Transformation of Project Control Processes
June 27th, 2022
Technip Energies, a world-leading French Engineering & Technology company for the energy transition, was looking to increase predictability and visibility into project performance to mitigate the challenging economic environment. The Technip Energies management team envisioned a future where they could create a single, data-driven enterprise solution across different departments. Such a solution would handle the […]
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 […]
Earned Schedule: A Powerful Enhancement to EVM
February 8th, 2021
Earned Value Management (EVM) has emerged as one of the most powerful and frequently used methodologies to measure project progress and performance over the last 60 or 70 years. Its early adopters include NASA and the U.S. Department of Defense, who have been using the practice extensively in critical, long-term projects with massive budgets. Though […]