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Blog:/Tag:Reducing risk

The Lean Project Enterprise – Making the Case

By | November 16th, 2017|Categories: Executive, Technology|Tags: , , , , , , , , |

In a prior blog, Separation of Operations, Finance and ERP is Seriously Holding Back Project Industries, I wrote about the sorry state of project industries and their structural problems. In this this blog, I want to follow up and make the case for the “lean project enterprise” principles that can provide a solution to every company [...]

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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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Real-Time Information Sharing is Key to Productivity for Construction Companies

By | February 17th, 2017|Categories: Executive|Tags: , , , , |

As I mentioned in my last post, there are a number of reasons construction companies are not as productive as companies in other sectors. In fact, construction projects often come in late and over budget, according to research by McKinsey & Co. As a rule, large projects across asset classes take 20 percent longer to finish [...]

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How to Build Construction Megaprojects On Time and On Budget

By | January 31st, 2017|Categories: Executive|Tags: , , , , |

I recently reread an article from McKinsey & Co. that I originally discovered last year that discusses productivity within the construction industry. The article posits that ever-larger capital projects are being undertaken, that most of them suffer from cost overruns and missed deadlines, and that better project management and technological innovation can improve the chances of [...]

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