Advancement in technologies, increased communication capabilities and connectivity of devices provide a great opportunity to control technical projects smartly and more efficiently.
However, the common ways of controlling projects still lead to huge cost overruns and schedule delays. Completion costs are 59% higher than initial cost estimates on average.
This masterclass will discuss the root causes of overruns and delays and will show how you can apply an integrated project controls approach to overcome these challenges. With the knowledge and skills you will sharpen during this session, you will establish a continuous improvement process for your project controls.
Join this masterclass to learn
Why we are failing at delivering projects on time and budget
Why it is important to see project controls as an integrated approach, instead of a collection of individual disciplines
The total cost management framework by AACE – What it tells us about integration
The 3 common challenges of integration – Project data, knowledge sharing and culture
Deep dive into the connection between estimating, cost control and benchmarking
The state-of-the-art way of achieving Integrated Project Controls