Xergy founder James McCallum discusses the role of technology in helping improve energy firms' margins. As we move towards a meaningful energy transition, 2024 is throwing up challenges that are reshaping the trajectory of energy projects. Policy switches from government, the competing agendas of different energy providers, cost inflation and…
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Baselining and forecasting are both important in running successful projects. Baselining provides a solid foundation to measure performance while forecasting helps project managers anticipate and address challenges. Baselines and forecasts are important in project controls, helping with planning, monitoring, and adapting to project changes. Together, they enable project teams to…
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Proteus recently onboarded a new client, a global consultancy delivering projects in the energy sector for leading developers and operators. We met with the Head of Proteus’ Customer Success team, Nick Nooren, to learn more about our partnership with this client and to find out about the solution we have…
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Technology is constantly evolving and transforming the way that businesses operate. In an age of digital transformation, software as a service (SaaS) is rapidly gaining popularity and, in most sectors, has replaced traditional on-premises software. SaaS is great for businesses, big or small, because it helps with teamwork, makes work…
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Artificial intelligence (AI) has rapidly become a buzzword across global industries. Project management is no different. It is becoming increasingly difficult to find an article or podcast surrounding project management that does not mention artificial intelligence. Broadly speaking, AI is a branch of computer science that provides algorithms to ‘think’…
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People often use the terms "project management" and "project controls" interchangeably, but they are not the same thing. Project controls are a subset of project management. In this blog, we will define both project management and project controls and explore how they are distinct from one another. It is important…
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Managing a complex engineering project is a challenging task and there is a lot that can go wrong. The project life cycle is a framework that breaks projects into smaller steps for better management. This helps project teams navigate projects from beginning to end in a controlled and consistent manner. …
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Staying on budget, meeting deadlines, and delivering high-quality outcomes determine project success. Whether it is a project in the energy sector, engineering or construction, cost management is essential to keeping your project’s financial performance on the right track. Not managing costs properly can lead to going over budget, which can…
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Change is inevitable in the life cycle of a project. Being able to adapt to and navigate change is important for project success and can give you an advantage over your competitors. However, there is no denying that making alterations to a project can be challenging, disruptive, and daunting. This…
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