Digital currencies could mean pushing forward stalled projects and the ability for developers to target sustainable programs that have been sidelined under traditional funding structures.
Solving Construction’s Collaboration Challenge
Given the competitive nature of the construction landscape, thinly veiled adversarial relationships have been the status quo. However, with the rise of globalization, demand, risk and a shift in client/consumer mindset, collaboration has become a necessity.
Clear Guidelines for P3s Are Key to Success
Having pre-determined analytical processes can add significant levels of certainty to project procurement. This typically takes the form of a value for money analysis that assesses whether the public sector would see increased value by delivering the proposed project through a P3 rather than through traditional procurement.
Measure KPIs to Keep Projects on Track
A recent study suggests that by committing to certain project management processes, contractors can reduce risk, mitigate downstream problems and improve performance.
Key Financial Indicators of Project Progress
Contractors often can determine if a project is meeting completion milestones simply through experience and intuition. But a more accurate method entails the analysis of data collected from the accounting department, which should be monthly at a minimum.
Developments in Fintech Provide More Credit Options to Contractors
Innovations in fintech offer alternatives that allow contractors and suppliers to get paid right away, while buyers still get the convenient 60-day terms they want.
How to Choose the Best Project Evaluation Methods
Project selection decisions should be compatible with the organization’s mission and business strategy. Sound selection decisions provide assurance that budgetary, time and technical requirements will be met, project economics and profitability will be achievable, and success will be attained.
How do you establish trust with project partners?
Three industry professionals share their best practices on developing trust with project partners.












