Looking forward to hearing your thoughts on that! Saving Changes...
Scott AlexanderOther| DRA Mineral ProjectsBryanston, Gauteng, South Africa
Hi Victor,
Global Virtual Engineering Teams have been taking over my industry (EPC) for a number of years and I've had the same questions as you. As a result, I'm now doing my MBA Dissertation on the subject and will be sharing the results after I finish with the research. Please take 10 minutes to contribute to the body of knowledge I am building via the following Survey: https://goo.gl/forms/tX0JSI4kOwmQZeT02
As a result of localized business cycles, which in the Engineer Procure Construct (EPC) world are often impacted by the global commodity and business cycles, EPC companies must adopt new methods to remain competitive in existing markets while simultaneously expanding into new regions in an effort to achieve growth. Despite these cycles, global infrastructure spend in EPC projects is projected to grow from the current $4 trillion per annum to an estimated $9 trillion by 2025 as emerging markets enter the developed economy, resulting in further motivation for geographic expansion.
The combination of communication, transportation, and technological advances, along with the natural business cycles of the EPC environment, has created an opportunity for the Global Virtual Engineering Team (GVET) to reshape a company’s Project Execution Plan, and thus the company’s internal structures, to emerge more competitive in the global market. This migration is motivated by both internal and external factors influencing the decision to move away from the traditional co-located project team. Saving Changes...
Daniel KrompholzPrincipal Maintenance Systems Specialist, Asset Management| The Port Authority of New York & New JerseyJamaica, Ny, United States
I think having multiple channels of communication (slack / IM / email / phone calls / skype) is really important when folks are not physically present. Saving Changes...
