A well-researched and planned cost estimation and budget is necessary for the successful completion of any project. Project managers need to thoroughly scope the project in order to secure sufficient ...

Creating an accurate cost estimate in the present is challenging enough but extending that estimate into the future presents an even steeper incline. Whether it's a week, a year, or even a five-year ...

Although technical considerations are normally in the forefront as companies plan automation upgrade projects, cost is often the factor able to outweigh all others. All the wonderful ideas about new ...

Creating a comprehensive project scope statement ensures that you establish a firm basis for a project. Effective project managers list the project name, objective, owner, sponsors and stakeholders.

If you’ve managed a project before, you’ll know that keeping costs down is one of the biggest challenges during a standard project management life cycle. If your costs overrun, it can easily lead to ...

Like any industry, blame and accolades are an inevitable part of the electrical contracting business. I once heard someone say, “If you could buy people for what they are worth and sell them for what ...

The latest cost estimate for a project to build the first NuScale small modular reactor power plant in the USA underscores the need for scalable advanced nuclear technology that can produce cleaner, ...