Digital Transformation

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

What Historical Data is Needed to Train Your Machine to Better Predict Cost Overruns and Schedule Delays on Capital Construction Projects?

The demand of predicting future results based on current performance and actions has been always a requirement when it comes to delivering capital construction projects. Entities are always keen to know whether their projects’ cost at completion will exceed what they have budgeted for as well as whether their projects’ Read more…

By Tony, ago

Can Machine Learning Help Project Executives to Focus and Prioritize Actions on the Most Urgent Communications, Tasks, and Events on Capital Construction Projects?

There are many definitions for Machine Learning, nevertheless, the one from the Western Governors University (WGU) is direct and to the point. It states that “Machine Learning (ML) is the process of a computer program or system being able to learn and get smarter over time. At the very basic Read more…

By Tony, ago