Project financial control involves more than summing historic values, it needs the controller to map the consequences of potential events and adjust the sliders to influence the outcomes. Like a DJ dropping the next track, the controller should drive the cadence and be ahead of the crowd. Here are 3 tips for getting into that…
The engineering, construction and infrastructure industry is facing huge disruptive changes. We are at an inflection point, and need wholesale change right now. Global construction productivity has improved about a quarter of the rate of manufacturing productivity since 1995. When we look at rich countries like Germany, France and the United States, things are much…
The global engineering, construction and infrastructure (ECI) industry landscape is changing at an unprecedented rate. In this blog, I will outline what construction companies need to do to be a winner in the industry. A CHANGING INDUSTRY One way of measuring the rate of change in the industry is to look at the geography of…
2019 will see a digital leap forward as many construction companies explore implementing integrated business software into projects for the very first time. Tighter margins, global skills shortages and new industry entrants are all ramping up the pressure on traditional construction businesses to deliver greater productivity and more integrated, cost-efficient projects, on time, every time. PREDICTION #1: 50%…
In my previous blog, I outlined key trends facing engineering, construction & infrastructure organizations – digital transformation, Building Information Modelling (BIM) and the digital asset lifecycle model, embracing construction-integrated manufacturing and exploiting new service and facilities management revenues. The overall conclusion was that the non-integrated business systems and processes used by most companies today will…
The engineering, construction and infrastructure (ECI) industry is facing huge challenges as it tries to deal with increasing demand to construct, operate and maintain assets faster, at lower cost and risk and to a higher quality. The non-integrated business systems and processes used by most companies today will simply not be good enough if a…
Those of you who read my June blog post know that, in late 2013, Dutch maritime specialist Royal IHC embarked on an ambitious plan to implement a single ERP solution world-wide (37 units) in only 2,5 years. As a sequel to that post, I am very pleased to be able to announce the successful deployment…
Flexibility and agility go hand in hand with Dutch maritime specialist Royal IHC’s ambitious plans to roll out a single, global ERP backbone based on IFS Applications across its 37 operating units worldwide in just 2 ½ years. In an IFS case study and video testimonial, Dave Vander Heyde, Chief Financial Officer at Royal IHC,…
