Global competition and volatile markets are creating a challenging business climate for project based firms which leave them with little room for error when managing projects. Utility companies have their own individual challenges when it comes to managing their asset’s lifecycles, but one area that is often overlooked or pushed off until the last minute is the decommissioning phase of their assets. The key to decommissioning is delivering projects and milestones on time and within budget. Those companies looking to improve the retirement phase of their asset’s lifecycle should follow this checklist.
Quality Control and Management in Power Industry Capital Projects
Owners must manage capital projects well to keep costs under control and ensure a high-quality product is delivered…
Preconstruction Strategies: Subcontractor Prequalification
Implementing sound prequalification processes has proven to be a winning strategy for successful power industry projects. Formal preconstruction…
Evolving Workforce and Safety Practices for Wind Farms
The renewable revolution has been a catalyst for the wind energy market during recent years, with the global…