103 resources match your search criteria
What is Project Controls? Key Elements and Benefits
The difference between project success and failure often comes down to one critical discipline: project controls. In this guide, we will define project controls, explore its essential role in ensuring successful outcomes, and highlight how it prevents project failure. You'll also learn about key elements of project controls and when…
Read blog article
What is a Cost Breakdown Structure (CBS)? Applicability and Challenges
In project management, a Cost Breakdown Structure (CBS) is a vital view used to organize and track expenses throughout a project’s lifecycle. Learn its key components, uses in cost management, and the challenges involved in applying it effectively.
Read blog article
How to Successfully Integrate CAPEX Projects in STO Events
This blog discusses why capital (CAPEX) projects take place during turnaround (STO) events and discusses areas that need to be optimized for successful integration.
Read blog article
Project Management Software VS Excel: A Complete Comparison
Project Management Software vs Excel: Which is best for your projects? Compare scalability, automation, and more to make the right choice.
Read blog article
The Netherlands is Losing Major Industries – How Can We Turn the Tide?
The Netherlands is at a crossroads. In recent months, we have witnessed a worrying trend: major industrial companies are leaving the country. LyondellBasell is one of the latest names on this growing list, but it is certainly not the only large industrial company that has decided to relocate.
Read blog article
AI-Driven Cost Estimation in the Process Industry
Traditionally, estimators relied on manual calculations, historical data, and expert judgment to forecast costs. However, with advancements in computer technology and artificial intelligence (AI), the cost estimating process is going through a significant transformation.
Read blog article
Diving into the Basis of Estimate (BoE): Challenges and Tips
Writing the Basis of Estimate (BoE) is an essential part of an Estimating procedure. The BoE is prepared during or after the estimating work is complete to document the basis and approach followed in deriving the estimate. As a crucial element in ensuring clarity and consistency in cost management, a…
Read blog article
Mitigating cost impact when turnarounds are postponed or canceled
Discover key strategies like flexible contracts and phased procurement to mitigate costs from turnaround postponement or cancellation.
Read blog article
What are Shutdowns, Turnarounds, and Outages (STOs)?
Discover what shutdowns, turnarounds, and outages (STOs) are, why they matter, key challenges, and best practices for effective STO management.
Read blog article
Will AI Replace Project Managers?
According to Gartner, Artificial Intelligence (AI) will take over 80% of project management tasks by 2030. That is just a little more than 5 years from today. This bold claim raises a pressing question: Will AI replace project managers?
Read blog article