Tag: foresight
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Optimizing Construction Foresight With a Three-Tier Analytics Approach
In recent years, industries that are traditionally slow to embrace technology have started to leverage it for a competitive edge. The construction industry, in particular, has been late to integrate technology, but many businesses now recognize its significant value, especially in data collection. Recent research by KPMG found that more than 45% of construction companies…
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Optimizing Construction Foresight With a Three-Tier Analytics Approach
In recent years, industries that are traditionally slow to embrace technology have started to leverage it for a competitive edge. The construction industry, in particular, has been late to integrate technology, but many businesses now recognize its significant value, especially in data collection. Recent research by KPMG found that more than 45% of construction companies…
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Cashflow in construction – foresight v forecasting
However, this isn’t true forecasting. A more accurate forecast comes from statistical analysis of up-to-date data, which can then be compared against historical trends. Data collected around previous projects can be used as accurate benchmarks when costing and forecasting a new project, adjusting for changes in inflation, labour and material costs. View the original…
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Foresight and How to Use It – Interview With Trond Bugge
TROND BUGGE is the Director of Collaborative Innovation at Kairos Future – an international thought leadership and strategic management consultancy based in Stockholm. In this podcast, Trond discusses ways that AEC companies can surf the cutting-edge wave of innovation to beat their competition. Visit Kairos Future and learn more about Co:tunity! Listen to the interview The…