Project controls is the process that utilizes available data, guidelines, and software to monitor project progress during a project’s duration. It ties together project management, estimating change control, risk management, forecasting, and earned value. The objective of putting project controls…
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Data Analytics and Business Intelligence (BI) involve a range of tools that access and analyze available data that may come from different teams or departments. BI transforms data into valuable business insights that can help senior management in organizations make…
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Intelligent Decision Making with Analytics Strategic business decisions such as supply chain problems, resource allocations, assignments, capacity, and budgeting require a level of precision and analysis. They need to be set up before the decision cycle arrives to accommodate intelligent…
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Green energy is all the rage right now, but what is it, exactly? In this article, we find out. Read on to learn more. Green Energy: A Definition Green energy is any form of energy production generated from renewable resources.…
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If there is one thing in the headlines this year, it’s the impact on supply chains that the shipping delays are having. Shoppers will be experiencing something brand new this year, in that the gifts being ordered from overseas are…
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For a large project to be successfully completed on time and under budget, a number of things have to go right: estimates for cost and duration must be accurate, the anticipated quality must be achieved, and no unexpected delays can…
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To achieve any goal, we execute a specific plan to achieve its completion. In a project, we control every aspect as part of that plan, and cost control is one of the key performance indicators on the path to success.…
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Historically, Risk Management has been shadowed under compelling deliverables like cost, schedule, and quality. Thus far, it was considered to be a bottom line approach. There has been an unsatisfactory record of predicting a few extreme events and neglecting…
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If you're working on large-scale development plans, you've probably heard of "deliverables." But, while people in offices use the term every day, a capital project management consultant focuses more on entire processes because they're critical to completing key transactions. In project…
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When working on capital projects, such as building bridges, highways, government buildings, and so on, your workers’ performance needs to be top notch. Improving worker performance on capital projects will help your business thrive in an extremely competitive field. A…
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You've probably heard a lot about capital project management over the years. It's a subject that can get rather in-depth and complicated fairly quickly, but the basic fundamentals are generally the same. Building bridges, highways, and government buildings aren't projects…
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CAPITAL Project management is risky business. You’re in charge of completing large capital projects, including repairing bridges, interstates, government buildings, and more. You can protect your business with the help of a reputable CAPITAL PROJECT risk management consulting company. These…
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