An introduction to our principle-driven approach to capital project management, linked to the most popular articles in our growing archive. We’ve prepared this article to celebrate the publication of our 100th Velocity article!
It’s a new year in a new decade, and you’re heading back into the office with a fresh focus on hitting milestones and advancing key projects. What are you aiming to achieve this year? Goal-setting is hard, so we’ve come up with four winning resolutions for 2020. No matter where you’re at, any one of these resolutions will meaningfully move the needle in the year ahead.
If you’re at the helm, your ability to understand and apply these two key capital project principles could be the difference between success and failure.
The foundation for a successful transition to Advanced Work Packaging (AWP) is laid long before the creation of a single work package, before the org chart is redrawn and new software is installed, even before the introductory training session. The first stake is driven into the ground when a forward-thinking executive asks this critical question: “Are we ready for Advanced Work Packaging?”
We know how to construct natural gas power plants. They are largely proven, fast to build, and they capitalize on the shale gas boom that has transformed the global energy landscape. Taken together, these factors present Owners and Developers with an unrivalled opportunity to leverage predictability as a competitive advantage in a crowded field.
Process industry organizations spend between 30 and 65 percent of their budgets on small, site-based projects that ring up at less than $10 million. If we’re want to transform the capital projects industry, we can no longer ignore revamp strategy. Here are four critical complexities to consider.
Imagine if you could reliably deliver your site’s revamp projects on-time and on-budget. How would that change your business?
We read a lot these days about how to succeed at AWP, but it can be very helpful to understand what a failed approach looks like, too. If you’re making any of these mistakes, hit pause and get the basics in place before proceeding!
The shale gas boom has upended global energy markets and transformed the chemical plant construction landscape. With the initial economic shock and first wave of investment behind us, what should investors, leaders and executives be focused on today?
Not every capital project is undertaken by an experienced cadre of professionals working in an organization that was designed to execute challenging, multifaceted construction projects. Here’s a guide to capital project management for companies that will only every build one facility.
Concord Project Technologies inc.
2225 East Bayshore Road, Suite 200,
Palo Alto, CA 94303, United States
P: 1-800-982-6609
