As technology evolves and industry practices change, there is an increasing need for robust training programs to ensure that personnel possess the requisite skills and expertise. This article explores the critical components of developing effective training programs in the oil and gas industry.
In the ever-evolving landscape of the oil and gas industry, a commitment to continuous training is indispensable for staying competitive.
In a strategic move that underscores their dedication to advancing Project Management, Project Controls and Field Services excellence for clients around the nation, Abbott PM has unveiled the opening of a new branch office in Houston, Texas.
From spiked material costs and natural disasters to environmental concerns and lowered productivity, the construction industry is struggling to meet current economic demand while maintaining output. These five newly developed building materials are making waves.
Is there any sector that resists changing more than the construction industry? Although the construction industry continually suffers from labor shortages, cost and time overruns, and outright project failures, it has been painstakingly slow to realize a digital future.
Utility projects constitute a significant investment of time and money. What if you could improve productivity by 1%-5% on a large-scale utility project? Gaining a better understanding of the unseen risk often overlooked in these projects will result in increased productivity and...
How does modular construction save time and money for project owners, and why should healthcare embrace this method?
Unexpected hurdles are causing healthcare systems to shift the way care is delivered and how facility environments are constructed. Market dynamics, technological advancements, healthcare integration, the Patient Protection and Affordable Care Act (PPACA), payment reform, and...
With the uncertainty caused by financial strain and months of suspended projects, capital delivery methodologies are continually being tested and re-evaluated. However, truly redefining capital-project delivery requires more than targeted actions to affect overall value.
Project prioritization has never been a simple task for facility managers. Planning projects in a continually changing economy only heightens the complexity of these critical decisions. With opinions mounting as to which projects really deserve focused attention, higher education projects...
From corporate interior projects to offshore charging vessels, exposure and financial pressure will always remain a constant risk management factor. Because of a single error in the projects' schedule, delays arise, often followed by claims...
A major project's success depends on effective collaboration within the extended project team. Therefore, it is critical that the necessary project controls and procedures are in place to monitor and mitigate any rising costs and schedule delays, prioritizing teamwide transparency.
As project goals change and shift through continual uncertainty, many organizations seek means to increase visibility across their commercial portfolio. Stakeholders are not only looking to steer their portfolio towards the strongest position to succeed but are also taking the opportunity to...
Not all construction projects are created equal. Varying capital requirements, strategic significance, and a combination of external and internal resources create a unique environment. This variance is especially applicable on large complex project...
Project failure happens, and it happens to everyone at some point over the course of their career. However meticulous and calculated the programming, schedule, and budget, those targets still can become seemingly unattainable.
Project controls encompass the processes, experience, people skills, and tools used to plan, manage, monitor and mitigate any risk or event that may effect the cost and schedule of a project. These controls are the discipline and methodical processes used to support project management...
The economy is liable to take a turn without notice. The business community is therefore, not shielded from this, which brings up the question; are we prepared for a disruptor of significant magnitude?