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Blog:/Tag:construction project management

Getting Control Over and Growing Your Medium-Sized Project Business

By | June 5th, 2017|Categories: Executive, Technology|Tags: , , , , , |

So, you are a medium-sized project-based business. When your company was small it was easy to understand everything that was happening and control your business processes. Even though you may have been using manual procedures with spreadsheets and email, or even just paper, you still knew the standing of all your projects and where things were [...]

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Don’t get mired in the ERP customization swamp … again!

By | May 29th, 2017|Categories: Executive, Product, Technology|Tags: , , , , , , |

Recently, I was speaking with a representative from a potential customer whose story is not unlike many others in his industry. The potential client is a large engineering firm that has grown rapidly over the last 30 years, with tens of thousands of employees offering hundreds of services and managing thousands of projects around the globe. [...]

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Construction Companies Must Standardize Systems for Better Performance Management

By | March 8th, 2017|Categories: Executive, Technology|Tags: , , , , |

Continuing our McKinsey & Co. blog series on how to build better megaprojects, I’m going to delve into another reason the construction industry often fails to bring projects in on time and on budget: flawed performance management. All too often, construction firms run their business units and projects as if they were independent entities, without consistent [...]

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Effective Communication Means Better Project Management for Construction Firms

By | February 27th, 2017|Categories: Executive, Technology|Tags: , , , , |

In my last blog post, I explained that one of the reasons construction companies aren’t as productive as companies in other industries is poor organization and lack of real-time information. In addition, inadequate communication among stakeholders, i.e., subcontractors, contractors, owners, project team members, and executives who may be in different locations is also partly responsible for [...]

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