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Tips for Preventing Capital Project Overruns

Capital project overruns can be due to poor scope definition, inadequate communication, and design errors, among other factors. Here’s how to prevent them.

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How to Leverage EPC for Capital Projects

Leveraging EPC for capital projects can significantly reduce project risk and provide superior project delivery certainty regarding cost and schedule.

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What Is an Industrial Design-Build Contract?

What is a design-build contract? Click here to learn about the benefits of design-build delivery methods and what each stage of this technique entails.

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Turnkey Project Advantages and Disadvantages: What to Know Before Signing a Contract

While turnkey delivery methods offer many benefits, it’s important to weigh turnkey project advantages and disadvantages before signing a contract.

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The Integration of Laser Scanning for Constructability in Capital Projects

This webinar will focus on the advantages of using laser scanning in capital projects, specifically in terms of Constructability. We will provide examples where this step in the process has helped with clash detection, critical lift situations, time-sensitive schedules, and the fit of new materials inside existing facilities.

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Civil/Structural Engineering | Capital Project Word of the Week - April 2021

The Civil/Structural Engineering -themed Capital Project Words include Moment, Void Box, Allowable Strength Design (ASD) and Load Resistance Factor Design (LRFD), and P-Delta Effect

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Mechanical and Piping Engineering | Capital Project Word of the Week - March 2021

The Mechanical and Piping Engineering-themed Capital Project Words include Tie-In Lists, Plot Plans, Equipment Data Sheets, Stress Analysis, and Laser Scanning.

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Construction | Capital Project Word of the Week - February 2021

The Construction-themed Capital Project Words include Construction Work Plan, Hydrostatic Leak Test, Constructability, and Mechanical Completion.

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Process Engineering | Capital Project Word of the Week - January 2021

The Process Engineering-themed Capital Project Words include Process Flow Diagram (PFD), Process Simulation, Hazard and Operability Study (HAZOP), and Piping and Instrumentation Diagram (P&ID).

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Financial Operations | Capital Project Word of the Week - December 2020

The Financial Operations-themed Capital Project Words include Percentage of Completion Revenue Recognition, Performance Bond, Owner Controlled Insurance Program (OCIP), and Working Capital.

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Technology in Fabrication

Implementing the process of off-site fabrication into the daily work process can take time and energy that many may not find beneficial, unsure if it is the right decision. There is also a need for an increase in technology in one’s fabrication efforts to make the benefit worthwhile. The key performance indicators for the success of pre-fabrication include reduced/improved risk, improved cost, and improved schedule.

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Industrial Safety | Capital Project Word of the Week - November 2020

The Safety-themed Capital Project Words include Total Recordable Incident Rate (TRIR), Experience Modification Rate (EMR), Process Safety Management (PSM), Behavior-Based Safety (BBS), and Job Safety Analysis (JSA).

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Project Management | Capital Project Word of the Week - October 2020

The Project Management-themed Capital Project Words include Scope of Work (SOW), Request for Proposal (RFP), Capital Project Development Framework, and Front End Planning (FEP).

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BIC Alliance Interviews H+M's Director of QA/QC

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Total Quality Management

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