However, under the current demanding industrial and market conditions, the project engineering and management process has become an extremely demanding task in many ways. Very recent events clearly indicate the complexities as well as uncertainties associated with modern projects, and the need for new solutions and practices to manage inherent risks as well as business value. This involves various issues ranging from, economical sensitivities, quality of decisions, risk and opportunity awareness, to legal, political, and other commercial matters. As the projects engage multiple partners with different roles, tasks, and capabilities, an innovative project engineering and management process can make a significant business difference both in short and long terms.
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White paper on: Cross Functional Excellence in Project Lifecycle : A Template for effective development and assessment
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