The 5 rules to successfully handle critical situations in job order processes
If the distinctive features of service companies operating on a job order basis are underestimated, this will hinder strategic business planning and adequate performance control. Staff first. Human resources are the true heart of a company and therefore, managing their time is a key factor. Therefore, managing the planning and reporting of hours worked, as […]
Welcome to The Project Economy Age
What is The Project Economy? Project Management Institute (PMI), the main international organisation that spreads and advances the cause of project management, has recently defined “project” as “a temporary endeavour undertaken to create a unique product, service or result”. Nowadays, more than ever before, it is clear that the “temporary” element mentioned in this definition […]
Critical issues for Engineering companies: how to solve them with Project Business Automation Software
According to research by the Project Management Institute, 28% of projects fail because they are based on inaccurate cost estimates. Partial analysis of stakeholder requirements and lack of visibility on costs, human resources and skills availability are among the main causes of this trend. In engineering companies, a further challenge is the complexity of projects. This complexity stems from […]
Cost Estimation for Engineering Companies: the Akeron Project Business Automation solution
According to the Project Management Institute, the failure of many engineering projects can be traced back to the quotation management phase. Another study, conducted by the University of Aalborg (Denmark) also confirms that in nine out of ten projects, costs are underestimated and have a negative impact on profits (Source PMI.org). To overcome this critical issue, engineering companies need […]
How to enhance the human experience in a digital driven world
We are experiencing an unprecedented impact on our personal and working lives as a result of Covid-19 and measures taken by governments to tackle it. Customers, suppliers and employees were, and still are, being driven towards digital channels. “In 2021, at least one third of European information workers will work mainly from home, compared with […]
Critical Aspects of Mainenance Management in Manufacturing Industry
Why can a Maintenance Management System Software solve recurring problems in managing the maintenance of industrial assets? In the multi-faceted industrial world there are highly variable and common issues, which have a greater or lesser impact on production efficiency and profit margins. One of the most constant concerns is the deterioration of machinery and production plants, which over time can decrease […]
