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…

How Can a Project Management Information System Enable “Quality 4.0” Adoption for Capital Construction Projects?

The recent research done by LNS Research titled “Quality 4.0 Impact and Strategy Handbook” (lnsresearch.com) explains the importance of the digitalization of quality management and the impact of that digitalization on quality technology, processes, and people. Although all industries and businesses benefit from the digitalization of quality management, nevertheless, the Read more…

Setting Warning Alerts for Project Management Processes’ Performance in Capital Projects

One of the key benefits of having a Project Management Information System (PMIS) like PMWeb to manage the different project management processes is the ability to set alerts when the performance of selected project management differs from the set performance thresholds. Having said so, alerts in capital projects is unlike Read more…