Capital project software – how to get supplier buy-in?
by Veera Huovinen | March 18, 2022 | Blog, Materials tracking
Implementing new capital project software can be challenging, because large industrial plant projects may involve hundreds of suppliers and stakeholders globally. Additional challenges are presented by the fact that capital construction projects are temporary in...
Project business in Europe Q2 2022 – what to expect?
by Veera Huovinen | March 11, 2022 | Blog
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
by Veera Huovinen | March 2, 2022 | Blog, Materials tracking
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
by Veera Huovinen | February 14, 2022 | Blog, Materials tracking
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?
by Veera Huovinen | February 2, 2022 | Blog, Materials tracking
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...
Excels in capital project materials management
by Veera Huovinen | January 24, 2022 | Blog, Materials tracking
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
by Veera Huovinen | January 13, 2022 | Access Control, Blog
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...
6 different methods of tracking material deliveries in EPCM projects
by Veera Huovinen | January 5, 2022 | Blog, Materials tracking
Procurement and materials can account of for over 70% of an EPCM projects' budget. Issues with materials management can cause significant financial set backs for the project. One of the fastest ways to produce unnecessary costs is having contractors standing...
How can property maintenance companies utilize customer feedback?
Materials tracking
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