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 […]
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 […]
Hello, World (of Project Cost Management)
June 1st, 2012
Hi, there! Welcome to our new blog. We’re excited to lend our voice to issues that have become ever more relevant during these uncertain economic times – the need for better visibility and transparency into projects, programs and portfolios across organizations. Businesses and governments alike have put greater emphasis than ever on making sure funds […]