Project controls are an essential way to identify bottlenecks in your projects and push things through quicker. In this blog, we'll look at how using project controls in project management fits into the processes we use in Proteus. What are project controls? Project controls are the set of processes and…
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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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Project performance assessment is an intrinsic part of the project management process. Assessing project performance enables you to determine how well you are managing the project, and how likely you are to get the desired results as per the timeline and budget specifications. Project managers need to determine and keep…
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Forecasts are the basis of all project planning, quantitative or qualitative, and use sophisticated or simple statistical models or algorithms. Forecasts are crucial for determining large capital investment projects' economic viability and project finance ability because they are used in critical decision-making. Using project forecasting, you can make useful predictions…
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Towards the end of 2022, Xergy Group, developer of the project management software Proteus, achieved ISO 27001 accreditation. This certification is a testament to the high standards Proteus and the Xergy team work to, providing the best data protection level. Proteus’ strength lies in pulling live data from various sources,…
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Have you heard about a single source of truth? Organizing data is a difficult task for many companies that run complex projects. They often struggle with data-related issues such as a lack of collaboration, data integrity, and data quality issues. We see this often amongst our clients before they onboard…
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Project management software sits at the heart of Proteus. Project management software is nothing new. In fact, one quick look through the software review site Capterra and you will find 100s of really well-reviewed, highly established software platforms promising to dramatically increase your business success. The best project management software is supposed…
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Projects fail. All the time. According to the Project Management Institute’s (PMI) 2021 Pulse of the Profession report, a staggering 48%[1] of energy projects in 2020 were failures. So it’s natural to ask: why do projects fail? Back in 2007 the PMI’s researchers broke the reasons for project failure down into…
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The tyranny of choice: does it seem like are too many project management tools out there to choose from? Why are there so many different types of tools (and whilst we are at it, why do so many have three-word acronyms like ERP, PPM, PSA, CPM, etc)? The answer is…
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