Russian Railways (RZD) has ordered 13 high-speed Velaro RUS trains from Siemens Mobility and Ural Locomotives, a joint venture of the Sinara Group and Siemens AG. The order has a volume of around €1.1 billion. The contract also includes maintenance of the trains for a period of 30 years.
Bechtel and joint-venture partner ENKA have completed the construction of Kosovo Motorway Route 6, a 40-mile (65-kilometers), four-lane motorway that stretches from the country’s capital, Pristina, to North Macedonia.
BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.
Projects by their nature are exposed to different risks and it is the responsibility of the project management team to manage these risks. But before you can manage risks, you need to identify and quantify the risks with a view to putting mitigations in place and this is where risk modeling comes in.
As projects continue to find ways to optimise time, cost and resource constraints, a leading project management consultant strongly believes that blockchain technology is the future of effective project controls.