Category: Project Management

Frontier Firms Eat Spreadsheets for Breakfast: Project Controls in the Agentic Era

AI is already supporting project controls organizations with reporting, scheduling, simulations and risk management activities. But how far can it go? Will project controls organizations soon deploy AI workforces working alongside humans, or even replace human project controls professionals? Where are we on the path to the Agentic Era in Project Controls? What will it take to get there? What unique project controls challenges will require critical human judgment?

What Is the Key to Delivering More Predictable Projects

Some weeks ago IPA published an article called "What Is the Key to Delivering More Predictable Projects", and I finally got around to reading it. Many interesting points are raised in this article, but I wanted to pick on one point in particular: IPA says the industry has robust best practices (FEL, team integration, planning), … Continue reading What Is the Key to Delivering More Predictable Projects →

High Speed 2 Report

High Speed 2 is a high-speed railway project that has been under construction in England since 2019, and seems like an exciting project. UK's Department for Transportation hired an external party to review the project, and the report is available here for anyone to read. https://lnkd.in/gZAdikaENot surprisingly, many of the lessons learned are lessons forgotten … Continue reading High Speed 2 Report →

Record Year for Energy Transition Projects

As reported by BloombergNEF (BNEF), it was a record year for low-carbon energy transition investments, totaling $1.1 trillion in 2022 - and for the first time, matching fossil fuel investments. It is worth noting that this includes about 561 billion of energy demand investments - which is primarily electrified transport investments. Nonetheless, this is a … Continue reading Record Year for Energy Transition Projects →

Information Exchange Considerations For Owner/Operators

If you are involved in project management you may already know that some of the largest owner/operators in the world leverage our Pims software to streamline communication and information exchange between themselves and their contractors, partners, and third party verification organizations. This includes technical information, deliverables and drawings, tag information, request for information, change management, … Continue reading Information Exchange Considerations For Owner/Operators →

Focus On The Trends, Not Precision

Through the years I have been involved in many engagements where we look at how project teams manage the cost and schedules of major projects and portfolios of projects. The clients we work with execute projects ranging from tens of million dollars to tens of billion dollars. Through these engagements I have met professionals that … Continue reading Focus On The Trends, Not Precision →

Not Making A Decision Is Also A Decision

Imagine an ad that reads as follows: Help reduce productivity Use resources less effectively Increase costs Not many people would rush to buy this "solution". However, this is exactly the solution chosen by a large number of projects and companies on a daily basis, putting billions of shareholders' capital in jeopardy. Instead of establishing fundamental … Continue reading Not Making A Decision Is Also A Decision →

First Change Your Processes, not Your People

Iris Bohnet is the Director of Women and Public Policy Program at the Harvard Kennedy School and cochairs its Behavioral Insights Group. She was recently interviewed by Harvard Business Review, where she made the point shown above in connection with diversity training. She contends that rather than running more workshops or try to eradicate the … Continue reading First Change Your Processes, not Your People →