If you’re reading this blog post, it’s safe to say that you either deliver or invest in capital projects. And if you are involved with capital projects, you’ve most likely experienced cost and schedule overruns and projects that have not delivered intended benefits. In fact, according to the Construction Industry Institute, less than 6% of […]
Methods and Tools to Support a Business-Driven Project Management Office
January 30th, 2020
In our fast changing world of capital projects, many organizations are looking to digitally transform their Project Management Office (PMO). Their goal is better control of their project portfolio. Project management methodologies, certifications and tools have around for many years and have considerably increased the maturity of PMOs. However, even as projects are managed better […]
Foundations of Progress Measurement (Part III): Construction
November 5th, 2019
The Importance of Progress Measurement Progress measurement is a key element of project management for construction projects. It helps to determine earned value, cost at completion, and the estimated finished date of the project. These are all very important things to know if you want to keep costs and schedule under control. However, being able to […]
Foundations of Progress Measurement (Part II): Procurement
August 12th, 2019
The Importance of Progress Measurement Successfully executing projects hinges on many variables. Yet, the fundamental question that must be answered before any proactive or prescriptive measures can be implemented is this: Where are we today? Deceiving in its simplicity, this question often proves difficult to answer accurately. That is where progress measurement processes come in. The […]
6 Best Practices for Project Controls
July 31st, 2019
Project controls is a set of tools and processes that help manage projects through measuring, forecasting, and improving project performance. It adds an important dimension to project management by providing a complete system for managing cost and schedule. When these important aspects of a project are under control, it stands to reason that your company […]
Foundations of Progress Measurement (Part I): Engineering
July 19th, 2019
The Importance of Progress Measurement Successfully executing projects hinges on many variables. Yet, the fundamental question that must be answered before any proactive or prescriptive measures can be implemented is this: Where are we today? This seems like a simple question. However, it often proves very difficult to answer accurately. That is why accurate progress measurement […]