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 […]
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 […]
Power Utilities and the Path to Success: Digitally Transforming Inside and Out
January 25th, 2021
The Power Utilities industry has been rapidly evolving over the past several years. From exploding demand in emerging markets, to a reimagining of the grid in established markets, the whole world has been undergoing an energy transformation. And that was even before 2020. The disruption of COVID has only added more complexity, more uncertainty and […]
Work Breakdown Structure (WBS): Elements, Formats, Best Practices
July 13th, 2020
Ask most experienced project managers and they will vouch for the benefits of using a work breakdown structure. Like many other powerful tools that create a strong impact, the best thing about a work breakdown structure is its simplicity. In this article, we take a look at what a work breakdown structure is, how it […]
5 Trends Driving Project Performance Management Adoption
March 12th, 2020
Enterprise Project Performance (EPP) software helps project-driven organizations maximize returns and margins. In today’s fast-changing landscape of engineering & construction projects, EPP adoption is sorely needed. Through better project performance management across an organization, EPP ensures ALL projects support business goals. What is Project Performance Management? According to the Project Management Institute, performance management […]
5 Reasons Your Capital Projects Software is Failing You
March 5th, 2020
If you’re reading this blog post, it’s safe to say that you either deliver or invest in capital projects. And if you are involved with capital projects, you’ve most likely experienced cost and schedule overruns and projects that have not delivered intended benefits. In fact, according to the Construction Industry Institute, less than 6% of […]