With costs rising daily, it’s more important than ever for asset-intensive organizations to make the best use of their monetary resources. This means capital must be allocated to favor the initiatives that bolster the goals of the business as a whole. Additionally, since all potential initiatives have varying impacts on business growth or strategy realization, the monetary support those initiatives receive should mirror how well they support strategic business goals.  But how should an organization determine which projects are worth investing in?  How should they decipher which of t ..read more

Turner & Townsend is a professional services company based in the U.K. specializing in program management, project management, cost management, and consulting.   In the post-COVID world, Heathrow Airport has recognized the need to enhance its processes, procedures, tools, technology, and reporting to manage its portfolio, programs, and projects effectively. As a result, they have appointed Turner & Townsend to enhance their existing PMO by defining integrated project control processes and procedures, replacing legacy systems with software solutions, and automating reporting ..read more

Are you tired of wasting time, resources, and energy on your organization’s capital projects and portfolios? Do you feel like your team is flying blind with information scattered across multiple systems, spreadsheets, and weekly reports? Do you often worry you’re behind when it comes to modernizing your project and portfolio processes and best practices?  If so, it’s time to rediscover EcoSys, the leading Enterprise Project Performance solution.  EcoSys integrates project management, project controls, and portfolio management in one platform, allowing you to digitize all your capita ..read more

Imagine you’re the coach of a well-known sports team and it’s the day of the big game. A lot is riding on this – your job and reputation included. You watch from the sidelines as the players run out to the field and take their positions. The game starts!… But as the game progresses, something isn’t right. Your team begins to face certain challenges they aren’t prepared for… As you leverage your timeouts to rehash your game plan, you find it difficult to come up with remedial tactics before players are whisked away to continue the game. Your team continues to suffer due to a lack of direction ..read more

Most will have heard the idiom “missing the forest for the trees.” It speaks to a struggle we often face – being so focused on the details that we miss the bigger picture. This is a trap project-driven organizations can fall into if they aren’t careful. When working on a slew of projects, it can be easy to treat them as separate entities, but doing so can result in misalignment between your project efforts and your strategic business objectives. To prevent this, project-focused organizations rely on portfolio planning to keep their efforts aligned and on track. What’s portfolio planning and w ..read more

HxGN LIVE Global 2023 is fast approaching! Happening June 12-15 in Las Vegas, Nevada, this year’s conference promises to be the best yet as the Asset Lifecycle division’s In-Person Technical User Forums, or TUFs, make a much-anticipated return. What are TUFs? Technical User Forums are full day meetings that bring Hexagon product users together to network and discuss the solutions they use. TUFs are driven by user participation and include roadmap updates, user presentations and more. This year’s TUFs are taking place on June 12 in Las Vegas as a precursor to the HxGN LIVE Global conference. B ..read more

Hexagon conducted a survey in partnership with ProjectManagement.com to identify high-performing organizational behaviors that can help improve project outcomes. The survey quickly gleaned over 800 responses primarily from project professionals working in the Construction, Architecture, Engineering, or IT industry.  While sifting through the responses, we measured the performance of the organizations represented by the effectiveness of their projects. By measuring their project effectiveness, we were able to siphon the organizations into two categories: High-performance organizations ..read more

2023 is here! And with a new year comes new opportunities to improve the way you plan, manage and execute your projects and portfolios. To do this, organizations rely heavily on project controls software to ensure their projects are performing as expected… and to move swiftly to make fixes when they’re not. Just as organizations work to continuously improve upon their operations, so do software providers on the solutions they offer.  In this blog post, we’ll explore recent trends that are driving consistent project success and what you should expect from your project technology in 2023 i ..read more

The old adage “confidence is key” is no truer than in the projects industry. Often though, project-focused organizations lack confidence because they cannot obtain a clear and accurate picture of project and portfolio data. This inability can often be attributed to their use of a fractured web of third-party software, home-grown solutions and Microsoft Excel to manage their large capital projects. In this blog post, we’ll be focusing on the latter – Excel.  We’ve all encountered Excel. It’s a flexible tool that anyone in a professional setting is familiar with. This is why project-focuse ..read more

Top concerns for the modern industrial organization include meeting sustainability requirements, improving decision-making and increasing productivity and operational efficiency. Achieving these organizational needs is imperative to success in the ever-changing landscape of engineering and construction projects.   Meeting Organizational Needs with the Smart Digital Reality  To begin addressing these concerns, organizations must adopt new, more dynamic ways of operation that optimize their limited resources. To assist in this effort, Hexagon is developing the Smart Digital Reali ..read more