Practical insights from the field on project controls, cost management, and capital project delivery in Canada's energy sector.
Uncontrolled change is the single greatest threat to project cost performance. Yet many pipeline projects still rely on ad-hoc processes that leave contractors and owners exposed to significant financial risk. Forward looking trend capture process mitigates cost and schedule risks.
KG
Owners who rely solely on contractor-provided cost reports are flying blind. Independent cost assurance is not about distrust — it's about having the data you need to make sound decisions and protect your investment.
KG
Target price contract structures have transformed cost performance on major projects in Canada. When properly structured and managed, they create genuine alignment between owner and contractor — but only if the target mechanism is set correctly.
KG
Schedule and cost data that live in separate systems create blind spots that cost projects millions. Building an integrated project controls environment based on physical progress that gives you a single source of truth.
KG
Hydrogen projects present unique project controls challenges — novel technology, evolving regulatory frameworks, and limited cost benchmarking data. Estimating risks is the single biggest hurdle in the cost performance of the project.
KGLabour and Equipment Management Systems (LEMS) are the foundation of accurate cost reporting on construction projects. Moving from manual Excel workflows to purpose-built tools like 4Castplus or InEight or PowerApps is a transformation that pays for itself quickly.
KG