Project Business in Europe Q2 2022 – What to Expect?
Global investment into energy, infrastructure, mining, and real-estate-related projects is accelerating- in fact McKinsey research expects that by 2030 investment could increase to $13 trillion. What trends to we see shaping the project business industry? What...
Productivity in megaprojects – the 9 root causes of poor profitability
Capital projects across industries are notorious for delays and cost overruns due to their vast scale, complexity, and long timelines. It is estimated that 98% of megaprojects end up running at least 30% over budget and 77% of projects run at least 40% late. According...
Material efficiency in capital projects
Until recently, a lot of the focus on sustainable megaprojects and construction has focused on operational emissions associated with the physical building, such as the new oil refinery, pulp mill or power plant. Reducing waste materials as well as creating...
New trends in material deliveries to capital projects – how are material suppliers responding?
Material and equipment suppliers in capital projects are typically used to reporting their material deliveries via Excels, emails and phone calls. For example, when a large oil refinery is constructed, the hundreds of different global suppliers typically send details...
Did customer experience improve by updating our NOPSA software platform?
Last year, we lived in an era of rapid development with our NOPSA construction site access control service. We implemented a new software platform for NOPSA, with the aim to enhance customer experience and improve usability of the software. Our entire team from...
Excels in capital project materials management
If you work in capital project management, you’re most likely a pro at using Excel. Excels are one of the most traditional tools that project managers use, after all it’s a universal tool with a lot of useful features and functionalities. Project...
2022 Construction Industry Outlook Finland
2022 overall appears promising for the construction industry in Finland according to RPT Byggfakta. The industry is prepared to capture growth opportunities with evermore focus on sustainable construction while tackling local and global challenges such as the pandemic...
How to safeguard customer data in property maintenance? 5 best practices
The nature of property maintenance business requires collection of customer’s personal data, such as phone numbers, apartment numbers, payment details, door codes and email addresses. A lot of the data that maintenance companies collect and store is highly...
Tracking materials in capital projects using RFID tags
“How can we optimize materials tracking and material deliveries in capital projects?”- this question has been asked by organizations, who have been project owners in capital projects, for the better part of 30 years. In 2020, most business processes and operations are...
Why are Finnish construction sites amongst the safest in the world?
The construction industry is challenging in terms of occupational health and safety. Statistically, employees in the construction industry are much more prone to work place injuries in comparison to many other industries. Construction sites are known for high labor...