Productivity in megaprojects – the 9 root causes of poor profitability
Capital projects across industries are notorious for delays and cost overruns due to their vast scale, complexity, and long timelines. It is estimated that 98% of megaprojects end up running at least 30% over budget and 77% of projects run at least 40% late. According...
Material efficiency in capital projects
Until recently, a lot of the focus on sustainable megaprojects and construction has focused on operational emissions associated with the physical building, such as the new oil refinery, pulp mill or power plant. Reducing waste materials as well as creating...
New trends in material deliveries to capital projects – how are material suppliers responding?
Material and equipment suppliers in capital projects are typically used to reporting their material deliveries via Excels, emails and phone calls. For example, when a large oil refinery is constructed, the hundreds of different global suppliers typically send details...
Excels in capital project materials management
If you work in capital project management, you’re most likely a pro at using Excel. Excels are one of the most traditional tools that project managers use, after all it’s a universal tool with a lot of useful features and functionalities. Project...
2022 Construction Industry Outlook Finland
2022 overall appears promising for the construction industry in Finland according to RPT Byggfakta. The industry is prepared to capture growth opportunities with evermore focus on sustainable construction while tackling local and global challenges such as the pandemic...UPM uses MHS to track materials in pulp mill project in Uruguay
UPM has made an investment decision to construct a 2,1 million tonne greenfield eucalyptus pulp mill near Paso de los Toros. The total investment of the project exceeds USD 3 billion. The operation of the new pulp mill generates 10,000 permanent jobs and involves in...