The new key to success for Project Business is to continuously monitor their entire portfolio in real time. These instant insights enable more proactive management so they can deliver their projects on time and on budget. To accomplish these goals, they a need a real-time approach to managing their enterprise operations. News Flash: The Real-Time Economy [...]
Today’s challenging business environment and increased competition means project businesses (aka project-based, project-centric companies) need to find ways be more efficient and productive. Your companies’ competitive advantage often comes down to how you cut costs and streamline your operations in order to improve the bottom line of your project business. Generic enterprise resource planning (ERP) systems [...]
Construction companies aren’t as productive as companies in other industries. Why? Poor organization and lack of access to real-time information around their projects. In addition, inadequate communication among stakeholders (e.g. subcontractors, contractors, owners, project team members, and executives who may be in different locations) is also partly responsible for the lack of productivity in this sector, [...]
If you are in a project industry, such as engineering and construction, ETO manufacturing, or professional services, you are a Project Business. Identifying as a Project Business will help you prioritize and optimize your business activities and investments properly. You'll be able to clearly understand how you should structure your business and what systems and solutions [...]
