An era of mega-scale projects for most private oil companies is now over

Prospective megaprojects in design – a combined group of over $400bn by most estimates – have now been postponed, re-phased, re-cycled or cancelled. Fueled by high oil prices for over a decade, long-cycle industry project portfolios now need to be completely re-modelled to adapt to a structurally lower-price future. The change is necessary and overdue: […]

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Contract Management – Why use a shotgun to kill a fly?

What are your plans for mitigation against risk when embarking upon your next multi-billion dollar major project? Will you roll out a generalist business finance solution or choose a contract management platform?

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Infrastructure major projects must learn from the oil & gas sector

Infrastructure projects are under scrutiny over the same old problems. However, there is a practical solution from the oil and gas sector which could be applied to complex infrastructure projects to provide improvements in timescales, cost and reputation.

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Bigger cities mean smarter solutions

Urbanization around the world is growing. This creates both opportunities for sustainability and problems caused by size and complexity. As this trend continues, new solutions will be needed to deliver major smart cities projects.

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Is the next email you send a legal time bomb?

Emails inhabit their own murky world which lies outside the arenas of conversation and written document. However, they can be used as evidence in a project contract dispute, despite not undergoing the usual checks and balances.

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How to avoid becoming a cost overrun statistic!

ProCon’s new rapid integration with SAP offers greater cost commitment visibility to avoid becoming one of the 64% of all capital projects that overrun on costs each year.

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