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…

Can Having Well-Thought-Of Output Forms for Formally Communicated Transactions Help in Preventing Fraud on Capital Construction Projects?

For most capital project owners in the public and private sector, ensuring that the right policies and procedures are implemented to deter fraud on their projects is always on their top priority list. Regardless of how comprehensive those project management procedures are, each procedure should have an output form that Read more…

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…