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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If you work in the world of projects, you will be very aware that efficiency is the name of the game. It's all about getting the job done right, on time, and within budget. That's where two key players step into the spotlight: Earned Value Management (EVM) and the Schedule…
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Across most sectors, the role of technology and digitalization has become increasingly pivotal. At Proteus we have the privilege of working with clients across various engineering sectors including energy and infrastructure. This has given us a unique insight into how far progressed along the digital transformation journey different companies and…
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Monitoring utilisation rates involves measuring the available time used for billable work. In amongst all the metrics project managers track, if you work in a project consultancy (think Worley Parsons, Wood, Genesis, etc.,) this one is the king. However, monitoring and optimising a team's utilisation rate is the one critical…
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Environmental, social, and governance (ESG) considerations have become a paramount concern for businesses worldwide. It's not just about moving away from traditional energy sources and focusing on renewable energy projects. The constant cry for sustainability has businesses keen on reducing their carbon footprint and aligning their operations with green initiatives.…
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Improving project controls in project management means focusing on what is physically happening on the project and comparing this to what was planned. 10 ways project controls can be improved are: Automate data collection and analysis Adopt project management methodologies Implement a robust change control process Use project management software…
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Resource management is a critical aspect of project management that has the potential to make or break the success of a project. Project managers are responsible for effective planning, scheduling, and allocation of resources, for example, people, equipment, software, and expenses. They also need to maximise their utilisation throughout the…
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Gulf Intelligence 13th Global UAE Energy Forum Last week I attended the Gulf Intelligence 13th Global UAE Energy Forum. I was alongside Bill Spindle, Climate and Energy Journalist, and Richard Redoglia, CEO of Matrix Global Holdings. Our topic of discussion was ‘The West: How the arm wrestle between energy security…
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