“Management must manage!” ~ Harold Geneen In the early 90’s, terms like “project” and “project management” came to mind regarding mostly only construction and buildings. Today, project management has reached almost every facet of economy and branch of industry. Writing, managing or participating on a project has become an inseparable part of everyday life, and …
The construction industry involves a huge amount of data. Companies that make thorough analyses to gain better insights into their projects and overall business strategies see higher efficiency. Real-time analysis is growing more and more advantageous in all areas of construction, and younger contractors especially are finding that good business intelligence helps to make better …
The Growth of Business Intelligence in Construction Read More »
Job cost is one of the main concerns in the construction industry. If you are a construction project manager, you may already know that gaining a comprehensive and transparent overview of your project can be extremely challenging. In order to avoid a pay or bonus cut, it is wise to implement an efficient and easy-to …
6 Reasons to Implement Construction Cost Tracking Software Today Read More »
One of the biggest challenges faced by project organizations is cost overrun, as statistics show that the larger the project, the higher the probability for overrun. There are often a number of reasons factoring in to this, although the majority of project budgets that experience overrun are due to poor planning, combined with a lack of visibility in cost …
7 Significant Factors Causing Project Cost Overruns in the Construction Industry Read More »
