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Assessing Performance Trends on Industrial Construction Mega Projects - Significant growth in the oil and gas sector in Alberta, Canada, over the past decade has resulted in a trend of construction "mega" projects that are both capital and labor intensive. While this trend has created tremendous, economic opportunities, it has also posed a number of challenges, including less than anticipated performance during project construction. To help in better understanding and quantifying the factors that impact such performance, a study was undertaken to collect and analyze relevant data from heavy industrial construction projects in Alberta over the past 15 years. This article presents the results of this study, which provide support for some of the common industry theories regarding construction performance on major industrial projects.
Are Today's Project Cost Professionals a Bunch of Bean Counters? This article features 10 key considerations and a top 20 skills list that, when implemented, is generally viewed as forming a supporting structure that will enable the exercise of creative, proactive, project cost control. The author believes that even with the best of skills, there can be an inadequate or poor project cost performance if there is not the structure and organization to allow project cost excellence to develop and flourish.
Effective Use of Outsourced Project Controls - This article delves into the framework of project controls structures, how to identify and implement the optimum solution for any individual company-project, with an emphasis on how to most appropriately choose the team that has the experience, knowledge, skills and dedication to select and implement a project controls framework that will carry the project to success. Companies have come to realize that, after many years of downsizing, right-sizing, and re-organization, highly experienced project controls practitioners have become an increasingly scarce commodity. Specifically, this article will address the question, "Are there benefits of outsourcing project controls?" This article is reprinted from the 2005 AACE International Transactions, where it is listed as paper CSC.04.