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. There are many factors that affect project outcomes. However, there is one critical factor people often overlook, but has a huge […]
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 Project Performance
October 3rd, 2017
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 […]
Improving Projects Performance at CH2M
August 23rd, 2017
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 […]
10 Reasons Why Your Projects Aren’t Improving
November 15th, 2016
With today’s increasingly tight budgets, organizations need greater visibility into project and program performance in order to ensure that funds are being well spent. As a result, Project Controllers need to deliver timely and accurate information to pro-actively shape business decisions. EcoSys regularly meets with project controls professionals across a variety of industries and the […]
Project Cost Control a Rising Concern for Oil and Gas Megaprojects
February 5th, 2014
Project complexity is growing. It’s a truth we’ve seen across a multitude of industries as projects become more ambitious, take on new technological challenges, and command stratospheric budgets (where a $10 billion capital expense is no longer surprising and can be dwarfed multiple times over by the world’s very largest endeavors). A recent Wall Street […]