Posts Tagged ‘project management’
Auditing Project Performance & Controlling Projects
Overview Billions of dollars every year are lost on failed or challenged projects, don’t let your project be one of them! Effective measures for auditing project performance and controlling projects…
Read MoreApplication of EPC contracts in the Global Power Industry
Estimated reading time: 2 minutes The private sector is learning more towards more Engineering, Procurement and Construction (EPC) contracts when taking on large scale infrastructure projects. In every project,…
Read MoreUnderstanding The Impacts Of Poor Risk Management On Project Performance
Application of effective measures for auditing project performance is the key to any project’s success. There are several ways to track a project’s progress, making sure it is on…
Read MoreWhat Are The Benefits Of Having A Good Project Management Team?
Project management is a growing field used increasingly by businesses of all sizes. It is important to use dedicated project managers to oversee projects from conception to completion. Understanding…
Read MoreWhat Are The Approaches To Estimating Project Cost?
It is difficult to accurately estimate the cost of a project. One of the biggest challenge that project managers faced is that they are held accountable for their budget estimations…
Read MoreHow To Achieve Effective Cost Management?
Typically, cost management is concerned with the process of planning and controlling the budget of a project or business. it is inclusive of activities such as planning, estimating, budgeting, financing,…
Read MoreWhat Is The Key To Preventing Cost Overrun?
There are several uncertainties in project management. These uncertainties and the various stakeholders involved in projects result in the difficulty of the managing the cost, resulting in cost overruns. Cost…
Read MoreImplementing An Effective Service Level Agreement
A Service Level Agreement (SLA) is a negotiated agreement designed to create a common understanding about services, priorities and responsibilities. This is a useful tool that can help service providers…
Read MoreWhy Is It Important To Engage & Motivate Employees?
In a study conducted by Gallup, it is reported that only a third of US employees are engaged at work, with half of them being “not engaged” and 16.8% are…
Read MoreChallenges Of Project Management In Oil & Gas Industry
Successful companies are continuously working towards to improve their general project management skills, especially skills in relation to the oil and gas industry. There is a shortage of technical talent…
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