March 1, 2016 by AP-Networks Leave a Comment In Petrochemical Update’s recently released whitepaper focusing on the improvement of project predictability, Dr. Shawn Hansen, Manager of Capital Project Consulting for AP-Networks, weighs in with data and insights from AP-Networks. March 2016 | Bethesda, Maryland Asset Performance Networks (AP-Networks) was proud to contribute to Petrochemical Update’s latest whitepaper: Beyond Best Practice: Improving the Predictability & Outcomes of US Petrochemical Projects. The paper looks at the challenges facing owners and EPC companies working on the U.S. Gulf Coast, tackling price volatility, the locality of the small project market, the loss of project experience due to changes in the workforce, and growing project complexity. With insight from companies throughout Industry, the paper seeks to present a path forward by highlighting obstacles and laying out sound project management strategies. Dr. Shawn Hansen, Manager of Capital Project Consulting for AP-Networks, shares insights from AP-Networks’ research to paint a picture of the situation facing Industry, offering the sobering news that nearly two thirds of major capital projects in the U.S. do not meet their budgets and schedules. Dr. Hansen delves further into the data to explain the causes of this lackluster performance, and offers guidance on how to navigate the challenges of the present in order to put your organization on the path to a successful future. To download the paper, click here. About Petrochemical UpdateThrough independent market research and large-scale international petrochemical conferences, Petrochemical Update helps decision makers anticipate the petrochemicals future and formulate timely plans in the face of rapid change.About AP-NetworksAsset Performance Networks is the trusted leader for improving asset and operational performance in petroleum, chemical, energy, and asset-intensive companies worldwide. The firm’s empirically driven solutions are a powerful hybrid of Software as a Service (SaaS) and consulting expertise that generate measurable results. Since AP-Networks was founded, the company has focused on bringing predictability and competitiveness to high-risk events—namely, capital projects, turnarounds, outages, and overhauls. Industry leaders not only recognize the Asset Performance brand, they insist on the company’s involvement in their most critical improvement initiatives. For more information on AP-Networks, please visit: www.apnetworks.staging.wpengine.com.Media Contact: communications@www.ap-networks.com