Background Capital-intensive projects often encounter a formidable challenge: project creep. This issue arises when minor adjustments, such as last-minute feature additions or expanded integrations, gradually accumulate, resulting in extended timelines and budget overruns. Without a structured approach like a Project Execution Plan (PEP) in place, these challenges can escalate, making project management increasingly complex. The […]

The Complexity of Industrial Capex Projects For industries like pulp and paper, mining, and oil & gas, capital expenditure (capex) projects represent a significant investment, often involving multi-million-dollar budgets, intricate timelines, and a wide range of stakeholders. Successfully executing these projects requires precise coordination of multiple vendors, careful tracking of costs, and adherence to strict safety […]