Earned Value Management (EVM) has emerged as one of the most powerful and frequently used methodologies to measure project progress and performance over the last 60 or 70 years. Its early adopters include NASA and the U.S. Department of Defense, who have been using the practice extensively in critical, long-term projects with massive budgets. Though […]
How Fusion for Energy Uses EcoSys on the ITER Project
January 27th, 2021
Fusion for Energy (F4E) is the European Union’s organisation that manages Europe’s contribution to ITER, the world’s largest scientific partnership aiming to demonstrate fusion as a viable and sustainable energy source. ITER is a collaboration project between 35 nations to build the world’s largest magnetic fusion device, a tokamak. The idea for an international joint […]
Projects and the Power Industry: The Next Normal
November 17th, 2020
In recent years, the Power Utilities industry has been characterized by change and increasing opportunity. To keep pace, organizations have funneled more investment into capital and operations and maintenance (O&M) projects. In emerging markets, the Power Utilities industry has been experiencing strong demand for several years. Power generators and transmission and distribution companies have done […]
Is Your Railway Project Performance Getting Off Track?
July 27th, 2020
When I ask railway owners and contractors if they use software to manage their projects, the answer is always a resounding YES. When I ask if they experience cost or schedule overruns on a regular basis, the answer is also YES. Why is this? The mainstays of any project-based organization are the scheduling tool and […]
Benefits and ROI of Automation in Project Controls
June 2nd, 2020
[Download in Spanish]  [Download in Portuguese] When a company is facing the impacts of globalization, experiencing low profitability, losing market share, or lacking the ability to maneuver and compete in the market – it invariably relies on cost reduction as a course of action for survival. Chapter 1: The Problem When businesses […]
Essential Project KPIs and the Financial Returns that Love Them
March 18th, 2020
Project KPIs, or Key Performance Indicators, are measurable values that help you evaluate project performance. When executing a project, it is important to develop meaningful KPIs that help ensure projects are delivering intended benefits. This traditionally meant staying within budget and on schedule. But in today’s complex and competitive landscape, KPIs also need to ensure […]