Effectively addressing risks means at the start of each project every project manager should develop and implement a risk management strategy, plan, and tools. But being able to decide which risks ...

For a risk management plan to provide the coverage your project needs, it should include six core elements. Here are the details. Risk management plans help projects teams ensure that they have ...

ALEXANDRIA, Va. (April 18, 2024) - A white paper was released in February 2024 titled “Enhancing Risk-Informed Decision Making in the U.S. Army Corps of Engineers: Policy Review and Recommendations, ...

Two other factors that should be considered when assessing the commercial risks to specific E&P projects are influenced by the project's maturity. These are: 1. The uncertainty associated with ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?

Oil and gas companies that invest in effective project control techniques will enjoy a competitive advantage over those that do not Oil and gas companies that invest in effective project control ...

Software developer InEight has announced upgrades to its Planning, Scheduling & Risk platform to improve its total cost schedule risk assessment capabilities. InEight Planning, Scheduling & Risk uses ...

Artificial intelligence is better at de-risking program schedules than the lived experience of seasoned project teams, according to a London-based start-up that recently secured work on an $11 billion ...

Inflated costs, crunched schedules and materials delays are driving a greater interest in alternative project delivery methods, firms say—which is reflected in last year’s rise in design-build and ...