Cost Controls Archives

Documenting Your Turnaround Cost Estimate

By: Gordon Lawrence Monday, May 3, 2021

Planning & Scheduling, Turnaround Services/Inspection Planning

Overview from article written for the May 2021 edition of “The Chemical Engineer” magazine… Maintenance turnaround teams are under ever increasing pressure to improve their cost estimating prowess. A gap in the steps towards improvement is the reluctance of maintenance turnaround teams to take the time to document their cost estimates. By writing a basis […]

Tags: Cost Controls, Estimating, Turnarounds

Cost, Schedule, Quality – Pick Two … Isn’t Always True

By: Rick Hoffman Wednesday, January 8, 2020

Due Diligence, Project

– Achieving Excellence in Any Project – The old saying in managing projects was Cost, Schedule and Quality. Pick two. This is because it is very difficult to do a good job on all three of these critical aspects of any project. If we highly control cost, the quality of the finished project may suffer. […]

Tags: Cost Controls, Deliverables, Milestones, Oil & Gas Project Management, Scope Definition, Team Selection