Digital Transformation

The Fourth Industrial Revolution 4.0 (Industry 4.0) and its Impact on Managing the Execution of Capital Construction Projects

So much has been written and said on how the fourth industrial revolution 4.0 (Industry 4.0) will impact the delivery of capital construction projects. Most of what has been published addresses the digitization of the project’s design using Building Information Modelling (BIM), capturing data from the construction sites by using Read more…

By Tony, ago

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…

By Tony, ago

Why Artificial Intelligence (AI) can Become Meaningless if Risks and Change Management Are Not Closely Integrated on Capital Construction Projects

The main objective of using Machine Learning (ML) and Artificial Intelligence (AI) on capital construction projects is to enable stakeholders to have a better prediction of future results based on current performance and actions. The many assumptions that need to be done about the project to address the many unknowns Read more…

By Tony, ago