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?
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.
Nuclear technology and project management have a long standing relationship. The River Corridor Closure Project was a finalist for the PMI Project of the Year award in 2015. As a large-scale project that dealt with significant hazards and large budgets successfully, there is much to learn from this project.
Public-private partnership projects can help emerging economies fill infrastructure gaps—if governments define a clear ROI.
A new wave of nuclear power plant projects must overcome gaps in talent, the supply chain and public support.
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.
Chevron gets creative to meet the needs of a fuel-hungry U.S. metropolis.
In Part 1, we looked at how two similar megaprojects--separated in time by 1,800 years--delivered transformational change through the magnitude of their engineering achievements. But to understand the challenges of managing megaprojects--what is it that makes them so alluring yet so fraught with difficulty?--we must first understand what shapes the urgency of their ambitions.
Construction project planning requires creating detailed construction activities work schedules. Being organized with all your construction documents can minimize missing key information. Learn how to develop a clear and complete schedule, and how it can make a complex project seem a bit easier to handle.
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"Nearly every great advance in science arises from a crisis in the old theory, through an endeavor to find a way out of the difficulties created. We must examine old ideas, old theories, although they belong to the past, for this is the only way to understand the importance of the new ones and the extent of their validity." - Albert Einstein |
