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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…
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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.
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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.
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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.
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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.
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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.
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