Project Production Management (PPM) is in the news. McKinsey & Company just released this article “How the oil and gas industry can improve capital-project performance” which highlights that as the price of oil is recovering, oil and gas companies worldwide need to increase their productivity to stay competitive. O & G companies will need to adapt their management practices to meet the changing environment and competition. If they can quickly adapt they could potentially save 15 to 30 percent in costs.
McKinsey & Company have laid out Four ways to improve project delivery including PPM in the article below, which cites the PPI Journal article, “New Era of Project Delivery – Project as Production System”.
Project Production Institute researches and disseminates knowledge related to the application of operations science for the optimization of complex and critical energy, industrial and civil infrastructure projects.