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Managing Project Costs & Budgets

About this Training Course The achievement of successful project delivery is directly underpinned by focus and attention on the effective and efficient management of the financial dynamic. The project environment is uncertain and project teams must operate, not only within this uncertainty but also subject to multiple constraints. Understanding that a project is subject to…

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Power Plant

Estimated reading time: 5 minutes   When understanding contractor costing in the international power generation industry, it involves preparing an accurate cost estimate for any project. The preparation of this is a complex process as the cost estimate is based on several key factors. For example, it involves the input of architects and engineers to…

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Project Risk Management

Estimated reading time: 5 minutes   Project risk management is defined as the process of identifying, analyzing and then responding to any risk that arises over the life cycle of a project to help the project remain on track and meet its goal. Risk management is not a reactive approach, but a proactive approach that…

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Offshore Platforms

Estimated reading time: 5 minutes   Commissioning of mega offshore projects, whether it is an FPSO, a GBS, a steel jacket or other concepts, is a large and complex undertaking which all too often do not receive enough management focus at the early stages of the project. For example, providing enough upfront quality planning (front…

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Estimated reading time: 3 minutes     As globalisation grows today, project management in today’s world increases in complexity. Technological issues, infrastructure and environmental factors are all examples of the impacts of globalisation on projects. There is also an increased global competition and the search for a sustainable competitive advantage grows in importance. Hence, it…

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project management

Estimated reading time: 4 minutes   The foundation of project management involves managing costs and scheduling. They are strategic elements to ensure efficiency and profitability, and successful integration of project schedule and cost will ensure project success. Scheduling projects allows your projects to be completed in a timely, quality, and financially responsible manner. To keep…

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