New technology projects carry a high degree of uncertainty. Agile promises to manage uncertainty. Does this make for a natural match? Or are there more factors that influence the project manager’s chosen approach to a new project?
Like many issues of energy and environment, the question of how to decommission California's 27 offshore oil platforms was highly controversial. Presenters Max Henrion, PhD and Carl Speltzer present how they helped stakeholders compare perspectives and understand the implications of the decision options.
This webinar looks at the problems faced by a large Canadian energy company when a simple gas station decommissioning project had turned into one of the company’s largest environmental liabilities.
Save Time With Tools + Templates
This document describes a template for an activity list based on a project WBS, which is typical on the development of new products for the electromechanical industry like industrial automation equipment. The purpose of this document is to offer an activity list based on the key disciplines that distinguish a development of a new product for the electromechanical industry.
Learn From Others
Energy firms are aware that the world is watching their actions concerning environmental impact. In this context, Chevron’s El Segundo Coke Drum project—winner of PMI’s Project of the Year Award in 2015—is well worth studying. The project was successful, delivered under budget and with an excellent safety record.
Once project planning begins, procurement quickly becomes a vital activity. Whether you are building a bridge, installing a software upgrade or launching a new product, procurement matters to project success. Procurement poses both ethical and practical challenges.
Studies have shown that inappropriate requirements are the leading cause of project failure. And a few categories of requirements are not as well documented--and should be considered when it comes to projects within the natural resources and energy sectors. This article discusses the consideration of said requirements, along with the associated risks and opportunities.
Keeping the data center in house is becoming an increasingly expensive and risk-laden endeavor. Outsourcing the data center can ignite all sorts of fear, uncertainty and doubt. So which is better? Specifically, which is better for your organization? Perhaps reflecting on the tradeoff between each can help you choose a path that is prudent and wise.
Recent projects aim to provide a solution to power outages by treating energy less like a bottomless ATM and more like a savings account--storing it when we don’t need it so we can spend it when we do.
Adoption of LEED standards is typically framed as a means of reducing operating costs; the greater expense in designing and building sustainable facilities is offset by reduced energy consumption in future years. This becomes a theoretically easy business case that should be readily accepted: an investment in current periods providing future savings in costs. The challenge, however, is two-fold: it requires foresight and a willingness to invest in the long term, and there needs to be confidence that the promised benefits are realistic and attainable.
There are now more than 7 billion people in the world and that number is expected to jump to 9.4 billion in less than 40 years, according to the U.S. Census Bureau. As the population grows, so too does the mass migration from the countryside to cities, particularly in developing nations. This article discusses how project teams are re-imagining urban development to alleviate the massive strain on cities' infrastructure, construction, energy and IT demands.
A federal organization saw its project portfolio budget increase tenfold practically overnight—and had to reassess its project management process.
The BP oil spill instantly became a crisis management disaster with devastating repercussions. What went wrong, and what lessons can we take from the tragedy? As our two-part article concludes, we look at more of the major management mistakes.
The BP oil spill instantly became a crisis management disaster with devastating repercussions. What went wrong, and what lessons can we take from the tragedy?
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