Was Santa Good to Your Site?

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If Not, Here Are Three Tips for the Business and Site Management to Protect Your Site’s Capital in 2015

I think it’s fair to say that St. Nick probably did not, in fact, visit your production site last December. With the rapid decline in oil prices and metal/mineral prices remaining low, companies across various industrial sectors are cutting back on their capital expenditure budgets....


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Business-Engineering Alignment for Small Projects

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Over the past year, one of IPA’s focus areas has been research and tools to strengthen the business-engineering interface for capital projects. This is a critical, early process to set projects up for success. If alignment is strong, good things tend to follow. For example, when the business is bought into the project objectives, the business is likely to assign the necessary resources to the...


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Are Your PMs Complaining About Your Project System? They’re Probably Right

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Over the past 2 years, IPA surveyed almost 300 site-based project managers (PMs) on the following open-ended question:
 
If you could change one thing about your project system, what would you change?

I recently tabulated the results and did a quick and highly unscientific correlation of the answers with the performance of projects that we have evaluated from these PMs. The top three answers...


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Best Practices for Small Projects

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This October, I had the pleasure of teaching IPA's Best Practices for Small Projects course in Orlando, Florida. The course was attended by 26 project professionals from 18 different companies, representing a mix of public, private, and state-owned companies from the oil, chemicals, mining, and consumer products industries. Over 3 days, we covered 11 different topics related to small capital...


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FEL Toolbox Now Enables Sites to Self-Evaluate Projects Up to $20 Million

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A recent update to IPA’s FEL Toolbox software now makes it possible for sites to self-evaluate projects up to US$20 million in today’s dollars, and allows site gatekeepers to ensure that these larger projects are adhering to the work process and achieving optimal definition.

For many companies, the previous threshold of US$10 million has distinguished a small, site-managed project from a...


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