288 resources match your search criteria
Key Performance Indicators (KPIs) for Project Cost Control
Cost control Key Performance Indicators (KPIs) are important metrics that help project managers monitor, evaluate, and improve the financial performance of a project. These indicators help spot potential overspending, enhance resource use, and guide decision-making.
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Ørsted selects Worley for long‑term agreement to support power generation assets
October 29, 2025Ørsted partners with Worley to enhance power generation assets, focusing on reliable, efficient energy and long-term asset performance.
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Cost Performance Index (CPI) and Schedule Performance Index (SPI) Explained
In project management, performance measurement is key to delivering projects on time and within budget. Two critical indicators for tracking efficiency and progress are the Cost Performance Index (CPI) and the Schedule Performance Index (SPI). Together, these metrics form the foundation of Earned Value Management (EVM), a methodology endorsed by…
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What Is a Work Breakdown Structure (WBS) and Why Is It Important?
A well-defined Work Breakdown Structure (WBS) forms the cornerstone of every high-performing cost control department. It gives a clear structure that links project scope, cost, and time. This ensures that every deliverable is well-defined and easy to track during the project. In this article, we’ll explore what a WBS is,…
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CapEx vs OpEx: Key Differences and Why They Matter in Projects
Every project begins with a decision: how will we spend our money to get the best possible return? In project management, that question often comes down to balancing Capital Expenditures (CapEx) and Operational Expenditures (OpEx). It might sound like simple accounting terminology, but in reality, understanding the difference between these…
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Lessons from Failed Projects: Controlling Hidden Costs
Hidden costs can derail even the best-planned projects. Discover how to spot, manage, and prevent these unplanned budget threats before they escalate.
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How Predictive Analytics Improves Project Cost Accuracy
Instead of relying on intuition or outdated estimates, predictive analytics uses historical data, statistical models, and machine learning to anticipate future outcomes. Discover how this data-driven approach empowers teams to predict risks, prevent cost overruns, and achieve greater project success.
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Enbridge Receives Cleopatra Enterprise Award of Excellence for Historical Project Benchmarking
October 17, 2025Enbridge earns Cleopatra award for modernizing cost data, optimizing estimating models, and advancing historical project benchmarking.
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The Impact of Inflation on Construction Project Budgets
Inflation is a factor that can quietly erode project budgets long before anyone realizes it. In construction and other capital-intensive industries, where timelines often stretch into years, even a small annual price increase can compound into major cost overruns over time. As project managers, cost estimators, and controls professionals, understanding…
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Estimating for shutdowns, turnarounds, and outages
Cleopatra Enterprise gives STO estimators the tools to plan, budget, and execute with confidence. Every scope item, cost driver, and resource is captured systematically, helping you minimize downtime, stay within budget, and deliver reliable forecasts your organization can trust.
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