In every company, the fundamentals are the same – operations, sales and marketing, finance and admin. If you want to get approval for a project, it is Important to demonstrate the benefits to each are of the business. Here is an outline of items to consider when looking to develop a proposal.
In my experience, this step is nearly always skipped in the process of managing a capital project. However, the most successful project managers clearly define expectations of each project team member. It is worth defining the Project Team Members. These are members of the project that have sp
Industry 4.0 is a term used to reference the next phase of the industrial revolution. My preference at this point is to call it an industrial evolution. Technology continues to advance at rapid rates, but it has, for the most part, been compartmentalized. In other words, cloud computing has pr
After college, I had my dream job. As a boy growing up in southern Indiana, I wanted to work at Cummins Engine Company. Not only was Cummins the largest employer in the area, but it also paid the best and all my friends that had parents working there seemed to have money. So, I was delighted t
Maya Angelou said “I have learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” It occurred to me that this statement applies to more than just conversations or interactions with others. It can be applied to nearly
Every capital project is different, yet every capital project has similar components that are the fundamentals to excellent execution.
Every project should have a measurable return. Most of the time, this will be a return on capital. However, there are exceptions that focus on safety an