Blog
Benefits of Real-Time Forecasting for Utility Projects
Utility projects are complex and require careful planning and coordination to ensure their success. One of the most critical aspects of utility projects is the accuracy of forecasting and calculations such as AFUDC and CIAC material handling which are specific to the industry to forecast dollars, hours, and FTE. This is where purpose-built forecasting software…
Read More4 Ways Forecasting Software Overcome Utility Challenges
The use of purpose-built software to forecast cashflow and analyze resource requirements enhances the Utility Industry’s ability respond to unanticipated field conditions and adjust resources to achieve budget conformance. Utilities can streamline their Project Management Team’s monthly efforts managing projects and portfolios with CURATM Forecasting. The software presents a game-changing opportunity for the utility industry…
Read MoreA 4 Way Approach to Minimize Asymmetric Information in Projects
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…
Read MoreWhy Project Management Organizations (PMO’s) Are Moving Away From Excel
Large organizations using Excel are limited by its capabilities and often experience out-of-date, inaccurate, subjective data that is often plagued by human error.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…
Read MoreHow Businesses Are Profiting With Robust Forecasting Tools
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…
Read MoreExcel 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.…
Read More4C 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…
Read MoreBuilding 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,…
Read MoreBuilding 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…
Read MoreWhy 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…
Read MoreRecovering 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…
Read MoreRealizing 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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