Using Technology to Improve the Cost Estimating, Revenue Capturing and Actual Cost Incurred of Engineering and Design Deliverables on Capital Projects

For engineering and design consultants, using traditional cost estimating tools that are usually configured for estimating the cost of a construction project will not be the right solution when it comes to estimating the cost of engineering and design projects. Unlike construction projects where the cost is driven by equipment, Read more…

How Can Investors in Capital Projects have a Real-Time Single Version of the Truth Solution to Monitor, Evaluate and Report the Financial Performance of their Investments Portfolio?

It is critical for entities who have selected to invest in capital projects, especially after the COVID-19 pandemic, to understand the high risks that those investments might encounter as well as the low return of investments they have to survive with. Although it is understood that executing a capital project Read more…

How Can Banks and Financial Institutions Use Technology to Address and Manage the Challenges of Managing Construction Projects Credit Risk?

Credit risk is the potential risk that a bank borrower will fail to make payments by agreed terms. Credit risk management practice aims to mitigate losses by maintaining credit risk exposure within acceptable parameters. In most countries, there are regulatory requirements to demand more transparency when it comes to managing credit risks. They Read more…