How Can Capital Construction Project Owners Use the Correlation Algorithm to Have a More Meaningful Contractors’ Performance Profile?

One of the common business processes for any capital construction projects owners is the registration and qualification of contractors who could be invited to bid on their released bid packages and be awarded construction contracts and purchase orders if their proposals are selected. The prequalification process requires each contractor to Read more…

How can Project Owners Better Visualize and Search for Turned Over Records and Documents at Completion for their Capital Construction Projects Portfolio?

One of the key requirements for capital construction projects is the archiving, turning over, and storing of project records and documents when is the project is completed. Tens of thousands of records and documents from more than one hundred business process implemented during the project’s delivery life cycle stages needs Read more…

Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?

The tendency to commit fraud is very much part of every business and capital construction projects are no different. Actually, there are more chances to commit fraud on a project than operational frauds where usually corporate policies and procedures are well enforced and internal or external audit is an ongoing Read more…