Imagine that you receive three technically compliant bids for a project. Two are reasonably close at $96 million and $105 million, while the third comes in at $67 million.

Which one should make you most curious?

The temptation is to see the $67 million bid as an opportunity because, if the bidders have been given the same scope and are offering substantially the same deliverable, why pay $96 million for something somebody is willing to provide for $67 million?

The problem is that a bid is not merely a price. It is also a contractor's interpretation of the project expressed in monetary terms, because embedded within that number are assumptions about scope, productivity, schedule, risk and the conditions under which the work will be executed.

This is why an unusually low bid should provoke investigation rather than celebration.

If several competent contractors independently study the same reasonably well-defined scope and arrive within a similar range, while another arrives substantially belo...

When we at ProCourses announced (https://buff.ly/3RXqrX7) our PMP-specific AI chatbot, "Freeman's PMP Mastery Assistant," we knew we were stepping into new territory, pioneering a tool that would revolutionize PMP exam preparation. What we suspected that other organisations would catch on soon! 

Now, just a few weeks later our announcement, PMI have unveiled their own version, underscoring a truth we've always believed in: innovation is decentralised, boundless, and available for everyone to harness. The emergence of similar tools from other organisations, including PMI, is a testament to the ever-evolving landscape of educational technology. 

We're proud to have been the first to implement this innovative idea but this achievement isn't just about being first; it's a reflection of our commitment to providing cutting-edge learning tools and resources to our students. 

Our AI chatbot, 𝙁𝙧𝙚𝙚𝙢𝙖𝙣'𝙨 𝙋𝙈𝙋 𝙈𝙖𝙨𝙩𝙚𝙧𝙮 𝘼𝙨𝙨𝙞𝙨𝙩𝙖𝙣𝙩 (which is offered for free as one of the resources that come with o...

If you are not already familiar with the PMP® certification and its requirements, one of the first things you’d notice upon researching it is that it is expensive!

$405 for members of PMI; $555 for everybody else. 

How much is PMI membership? $139.

What you may not easily know from the information online, is that the exam is difficult and it takes a relatively long time to prepare for. 

So, why the fuss about the certification?

Well, it is one of the best ways to make your CV stand out and improve your overall skillset. Almost all project management roles require a #projectmanagement certification, and the new PMP® certification is the most versatile of them all. 

Even if the role you’re applying for does not expressly state that a PMP® certification is a requirement or an advantage, be rest assured that the PMP® certification is an advantage by default. This is not to say that it guarantees employment. What I am saying is that the PMP® certification will always put you at a high...

The following is a list of questions that may be asked at any Project Engineering/Management interview:

1. From a project management perspective, what are the main objectives of FEED during an EPC project?
2. What is the key difference between FEED and Detail Design?
3. What is an Engineering Design Basis? What information does it contain and what is its purpose?
4. In EPC projects, some plant equipment are designed by Process Engineers, others are designed by Mechanical Engineers, while others are designed by equipment vendors, why is this?
5. At what stage is the HAZOP review performed? What is its main objective? And what is the main drawback of the HAZOP review, how is this drawback countered?
6. What is the difference between an Engineering Drawing and a General Arrangement Drawing?
7. What are the 3 main zones of an industrial facility?
8. What factors are considered when setting out the layout of an offshore facility?
9. What are the main considerations for equipment positioning in an oil & gas
...

Today we want to share with you a few things about the role a Project Engineer plays on oil & gas EPC projects.

The list below was posted on 22 January 2014 as part of a vacancy announcement on alloilgasjobs(.)com for a Project Engineer role at a company in Alberta, Canada.

1. Responsible for arranging and carrying design reviews, model reviews, HAZOPs and Project risk assessments in coordination with project stakeholders
2. Provide technical and project engineering support to one or more project managers
3. Participate in review of Site Layout, PFDs, P&IDs, GA’s, specifications, calculations, and other engineering drawing/documents, especially those relating to the Project Engineer’s discipline
4. Carry out and arrange timely review of engineering deliverables and procedures
5. Assist in developing project execution-related documents like project charter, authorization for expenditure, communication plan, scope statement, procurement plan, risk register, project execution plan, etc.
6. Initiat...