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.
Capital project management training has fallen through the cracks. The path to leadership remains woefully unclear, and that should worry us all. For if we’re not entirely clear on what it takes to become a capable capital project manager, is it really any wonder that most major capital projects are unpredictable, late and over budget?
The magic recipe for predictable project delivery includes a project sponsor who understands and champions Predictability Thinking™ at all levels. Sponsors can achieve this by collecting experience in all aspects of capital project delivery, or they can achieve it by making a conscious effort to study and understand it.
Now, more than ever, capital project leaders need a comprehensive understanding of capital project delivery models, and they need to master Predictability Thinking to succeed. Here’s why.
An Engineering Work Package (EWP) is a diverse set of engineering deliverables that are assembled to support a specified scope of construction work. They typically form the basis of Construction and Installation Work Packages, and so they’re a foundational component of the Advanced Work Packaging process. Here’s how to do it right.
Having a Path of Construction (PoC) is like having a GPS in your car: You know your critical path, but the PoC will show you precisely how you’ll get there. Discover the four simple steps to creating a powerful PoC that will help you deliver your project on-time and on-budget. »