4 Reasons Why You Need Project Controls Software

July 28th, 2021

Most project performance professionals will recognize this scenario: you are well into your project, and someone asks for the latest status update. You now contact different team members to get the latest information on actuals, forecasts, schedules and budgets and spend hours collating the information together. By the time it lands in the inbox of […]


Why Smaller Projects Need a Single Source of Truth and Where to Start

June 24th, 2021

We’ve all heard the statistics of the world’s biggest construction delays. According to McKinsey, large projects typically end up to 80%(!) over budget and take 20% longer than expected to finish. However, it’s not only the biggest companies that struggle with controlling costs, visibility into performance, or choosing the right projects. The small to medium-sized […]


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 […]