100 resources match your search criteria
The Importance of Location Factors in Cost Estimation
Before starting to map the location factors, always look for the relevant historical data. Knowledge is the key to creating successful cost estimates
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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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What is a Cost Overrun? Causes, Prevention, and Solutions
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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Cost Management VS Cost Control
Cost management and cost control are two terms that often get mixed up. In this article, we look at the difference and how they relate.
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Integration between cost estimation and cost control
If estimating and control work closely together their combined knowledge can feed information to the project lead and work floor more efficiently
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The added value of project controls software
Although the era of managing project costs with actual pen and paper is definitely over, many organizations might still be using tools like Microsoft Excel to control the costs of their projects. If these are small projects, with limited (financial) risks and just a few resources, that’s fine. No need…
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