Follow His Advice? Maybe …

In the August 2016 edition of Offshore Magazine, one of the principals of a large project management consulting company advised that you should be watching graphs for inflection points to help alert you that a critical decision is required on your project. Let’s do as...

The Order of Magnitude

With the US Presidential election looming this year, it’s impossible to scroll through the comments section of popular news websites and not see conspiracy theories about a “New World Order” of secretive power elites conspiring to rule the world. But at LinRich...

How Much Systems Engineering?

A University of South Australia doctoral thesis by Eric C. Honour found that the optimum amount of systems engineering cost for a single system development project should be 14% of the overall project cost. Does this mean a drilling contractor should spend $105MM on...