Capital Project Predictability
2 Reasons Why Your Project Is Late And Over Budget
Discover how your org chart and contracting strategy are undermining predictability — and how you can fix them.
Capital project leadership and day-to-day management is an emerging area of study and one of the most important topics we cover here at Velocity. In our Capital Projects Archive you’ll find articles aimed at helping leaders and managers get results, whether that means adopting new technology, revisiting the org chart, or shifting your operational paradigms.
Discover how your org chart and contracting strategy are undermining predictability — and how you can fix them.
How do you make engineers more productive? The best answer we’ve found can be summed up in just two words: Deep Work. This groundbreaking concept, pioneered by professor and author Cal Newport, posits that high quality work is a function not just of time spent, but also level of focus. For capital projects, add competency as well. Get the formula »
In an era of profound technological disruption and intergenerational change, perspective matters more than ever, writes Olfa Hamdi.
One of the most powerful ways to distinguish your organization from the competition is to focus on predictability, so you become one of the elite few who can deliver a gas power plant on-time and on-budget.
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?
In this interview with Kamel Bennaceur, we explore how global economic forces are moving oil and gas companies into a more sustainable future.
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.
It has become impossible to ignore the fact that construction-driven capital projects work best. It turns out that the people wearing steel-toed work boots and neon-striped dungarees — the people who are actually building the capital project — should be the boss of us all. Are you ready for a paradigm shift?
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