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…

How Document Templates and Pre-Defined Values Lists Help Communications on Multi-language Construction Projects?

For organizations that are involved in delivering capital projects in non-English speaking countries, understand that in many cases, formal project communications need to be done in English, which tends to be a common communication language on capital projects across the globe, as well as the national language of those countries. Read more…