Nostradamus for Projects (Part II): Utilizing Predictability Metrics in Benchmarking and Analysis to Improve Performance

November 7th, 2018

In Part I of Nostradamus for Projects, we covered how improving predictability in the construction industry can mitigate cost and schedule overruns, ultimately having a huge impact on returns and margins. Project predictability is simply knowing the outcome variance of a project as early as possible, i.e. how early in the project lifecycle is the […]


Nostradamus for Projects (Part I): Building Predictability into your Enterprise

April 25th, 2018

Predictability

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, as there are many factors that affect project outcomes. However, there is one critical factor that is often overlooked, but has […]