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 […]


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 […]


Scope Creep: What It Is and How to Manage It

February 1st, 2021

Every project starts with the seed of an idea, but translating those ideas into real outcomes is tough—most projects hit major roadblocks and overruns before they cross the finish line. According to the PMI 2020 Pulse of the Profession Report, 11.4 percent of investment is wasted due to poor project performance. Why do projects perform […]


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 […]


Project Estimating Across the Budget Lifecycle with EcoSys

December 10th, 2020

  Estimating is persistent throughout the project delivery process. The creation of high level, rough order of magnitude estimates supports ideation and project selection.  Detailed estimates support project budgets and scope changes identified during execution. In many cases estimates are developed at different stages of the budget lifecycle using different tools and procedures. This is […]