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Common misconceptions about cost engineering
Not everyone is familiar with cost engineering in the field of project controls. Let’s get some common misconceptions out of the way.
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Join Cleopatra Enterprise at TAR 2024 in Potsdam
Are you ready to delve into the heart of turnaround management innovation? Cleopatra Enterprise is thrilled to exhibit at TAR 2024, the 20th Turnarounds Anlagenstillstände, Revisionen annual conference, happening in the dynamic city of Potsdam from January 30th to 31st. This milestone conference, designed for turnaround and maintenance professionals, promises…
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Determining productivity factors in Project Cost Management
Project costs are derived from the required resources needed to complete the objective, which might be anything from constructing a new facility to replacing parts to comply with new safety requirements. The resources involved can be classified as time, money, labor, and materials. For a cost engineer, often labour proves…
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Monitoring ROI during projects - Beware the Concorde Fallacy
Cancelling a project unlikely to deliver expected benefits should not be seen as a failure — failing to cancel such a project should be. Here are 3 lessons we can learn from the Concorde Fallacy.
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Capturing the value of Integrated Project Controls
This article enables you to determine where your organization stands in terms of Integrated Project Controls and in which areas you could improve
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Cost overruns in projects: meaning, causes, and how to prevent them
Discover the top 5 reasons for project cost overruns, a practical checklist to prevent them, and expert strategies to manage overruns effectively.
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