December 2006

Trends and Resources

HP Impact: New software assesses project 'health' throughout execution

The Construction Industry Institute (CII) has recently developed a tool that helps identify in real time various factors that could be early warning signs of trouble on a project. With the Project Hea..

Weirauch, Wendy, Hydrocarbon Processing Staff

The Construction Industry Institute (CII) has recently developed a tool that helps identify in real time various factors that could be early warning signs of trouble on a project. With the Project Health Indicator (PHI) software tool, 43 leading indicators can be evaluated, complementing traditional measures. According to CII, the tool begins where its well-known and recently updated Project Definition Rating Index ends: after front-end planning. The new PHI tool identifies and quantifies the extent of each of the leading indicators so that a project's "health" can be assessed throughout project execution. Project execution includes detailed design, procurement of materials and equipment

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