POWER Magazine•about 1 month ago
Beyond Traditional Controls: Managing Power Project Schedule and Cost Overruns
Key Takeaway
New tools and processes like financial dashboards and factory-based assembly are being adopted to improve power project cost and schedule performance, offering potential benefits for developers and large power consumers.
AI Summary
- •Utilities and their contractors are adopting new tools and processes to improve power project cost and schedule performance.
- •Advanced financial dashboards are being deployed to enhance oversight and control over project finances.
- •Factory-based assembly is being utilized as a new process to streamline construction and mitigate overruns.
- •These innovations aim to move beyond traditional project controls, offering potential benefits for IPPs and large power consumers through more efficient project delivery.
Topics
financingoem
Article Content
From financial dashboards to factory-based assembly, utilities and their contractors are deploying new tools and processes to improve project cost performance. In decades past, the decision to pursue a major The post Beyond Traditional Controls: Managing Power Project Schedule and Cost Overruns appeared first on POWER Magazine .