A 4 Way Approach to Minimize Asymmetric Information in Projects

forecasting

The widely held belief that construction project costs can be controlled by utilizing a competitive procurement process is based on a false premise. While it is true that the owner can select the lowest bidder through competition, in almost all cases, particularly with a fixed/lump sum price contract, once the contract is awarded, the relationship…

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Why Project Management Organizations (PMO’s) Are Moving Away From Excel

forecasting

Large organizations using Excel are limited by its capabilities and often experience out-of-date, inaccurate, subjective data that is often plagued by human error. This blog identifies the most reliable, accurate and effective solution that mature PMO’s are employing to overcome these limitations. Owner developers and construction management companies are at the forefront of the data…

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How Businesses Are Profiting With Robust Forecasting Tools

forecasting

Over the past two years, COVID-19 has reshaped the global economy forcing businesses to adapt and re-think operations due to challenges in supply chain, changes to workforce and access to capital. Companies that employed advanced project management technologies into their organizational structure and operational processes have been most stable in navigating through unchartered territory and…

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Excel Spreadsheets recognized to be “Legacy Software” by sophisticated Project Management Organizations

Microsoft Excel was first pioneered in 1987 and has changed the way construction project managers worldwide analyze critical data to make informed decisions. While previous data analysis methods existed before this time, Excel was user-friendly and allowed any individual to forecast multiple factors affecting cost without having to undertake a university degree or IT course.…

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4C Innovations Releases CURA™ Forecasting 22.0 To Revolutionize Project Management

The newest version of CURA™ Forecasting provides a solution that is set to transform the way projects and programs are forecasted, supplying project managers with a solution capable of delivering invaluable insights required to effectively utilize resources. Our partner, 4C Innovations, a world-class project management software provider, presents advanced CURA™ Forecasting 22.0 – a web-based…

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Building A Renewable Future with CURA™ Forecasting

Renewable energy projects represent a new frontier for project managers, providing a number of distinct opportunities for leading organizations. With a variety of projects being undertaken across America, it has been forecasted that investment in the renewable energy industry of $42 billion each year will create 3 million jobs by 2025. Each project involves variables,…

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Building The New Economy…Literally — “Contactless Construction Administration” Post-COVID-19

Change is never comfortable, but sometimes it’s unavoidable. With each passing day, it becomes increasingly clear that global business won’t be the same post-coronavirus. Although this presents novel challenges to employers, it’s also an unprecedented opportunity for innovation and training. As the “new economy” evolves, construction companies will need to tailor their projects to meet…

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 Why This Is Prime Time For Oracle Training

Crushing It During COVID-19: You probably know the old saying: “when life gives you lemons, make lemonade.” So, what if life hands you a global pandemic? What could you do to help your business maneuver this strange new world? One thing every great business needs is a well-trained staff. Successful businesses also need proficient organizational…

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Recovering from Post-COVID-19 Workplace Mayhem

With all of the uncertainty surrounding the COVID-19 pandemic, companies have been forced to shift their business models to reflect it. Marketing & sales teams have altered messaging to emphasize the health and safety benefits of their business offerings, employees have moved their office desks to their kitchen tables and Zoom conference calls are the…

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Realizing the value Capital Project Management & ERP

Realizing the value Capital Project Management & ERP

Project-centric organizations today face the challenges of improving the effectiveness of their capital programs by wishing they had a Project and Program Management System (PPMS) to manage their projects and facilities activities. However, often their efforts are overlooked or ignored by IT initiatives and implementation of Enterprise Resources Planning (ERP) systems. Therefore, the result becomes…

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