Global Project Management – Not Business As Usual

Engineering and construction companies will have to make radical changes to their project management techniques if they are to be successful in the global marketplace in the 21st century. Customers will expect lower costs, shorter engineering and construction periods, low-cost, high-quality materials and equipment from manufacturers anywhere in the world, and prompt attention to their needs. These expectations mean that dramatically new approaches will be required not only in the organizational structure of such companies but also in their way of thinking and in such critical functions such as information systems, supplier management, and quality assurance. It will not be business as usual. There are six key areas in which engineering and construction companies will have to excel to be successful in satisfying the global customer. First, these companies will need an organization that can match their expertise in a cost-effective manner to the needs of their global customers. Second, global companies will ...