Can the principles of project management can be applied in the projects related to electrical engineering specially Energy saving projects? if yes do we have any examples to cite .
of course Project management can be synchronized with electrical engineering. Actually project management is the combination of the following task- i.e. initiating, planning, executing, controlling a project. In other case, an electrical engineer who is responsible for energy saving projects needs to initiate few task to achieve goals of the project.These initiatives should be planned properly, proper forecasting & controlling the customer demand and maintaining low system loss, the goals can be achieved. please look after the links given below.
I'm currently managing a continuous improvement project, and a KPI of my project are the monetary savings related to corrective actions. I'm sure that if you're able to identify those savings in your project, supported by a proper timing and action owners, the success will be more than ensured.
Thank you Markel .I have one question that if there will be a need to differentiate the monetary savings in to types also such as hard or soft savings?
you can make a pareto analysis to know which would be best actions, sorted by the economic impact. I would always try to focus on the actions with the biggest savings of course.