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 […]
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 […]