Why Enterprise Project Performance Matters for Executives

May 12th, 2021

Project performance, at its core, should be a straightforward process: you create, implement, and manage projects that contribute to the performance of your organization and its strategy. Sounds simple, but it is often more difficult in real-life. Add the COVID-19 pandemic to the already complex nature of capital project management, and 2021 is looking like […]


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 […]


Burns & McDonnell Talks Project Agility with EcoSys

March 12th, 2021

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 […]


How to Improve Nuclear Project Execution Efficiency

March 3rd, 2021

As the pressure to decrease CO2 emissions continues to grow, nuclear power has been identified to have great potential in helping countries to achieve the goals established in the 2015 Paris Agreement of limiting temperature change to 1,5C. According to IAEA, nuclear power, along with hydropower and wind energy, produces one of the lowest GHG emissions […]


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 […]


Overcoming Complexity with Project Portfolio Forecasting

December 22nd, 2020

Portfolio forecasting, or multi-project forecasting, allows for greater ease in updating forecasts across a wide range a projects. Current software solutions can help you enable this methodology to improve your project performance. Let’s first review why forecasting is so important in projects. Then, we will look in more detail at the benefits of project portfolio […]