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.
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