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…

Why Digitizing Business Processes is a Must to Stop Faking Collaboration on Capital Construction Projects

Collaboration is becoming a requirement for the successful management of capital construction projects. Project participants are realizing that sharing of knowledge and information is one of the key elements of a successful contractual relationship. A key requirement for effective collaboration is to move away from manual paper-based business processes toward Read more…

Capturing Details of Objective Scoring and Subjective Rating for Documenting Critical Decisions on Capital Construction Projects

For those involved in delivering capital construction projects, there are a few critical decisions that the basis for why they were taken need to be documented so they can be reviewed and audited when needed. Examples of those critical decisions include approving the selection of a project, approving the exit Read more…