Contingency Planning
Infrastructure projects are high on the agendas of world governments, as insufficient infrastructure represents one of the biggest barriers to economic growth. Furthermore, private construction – both commercial and residential – is at an all-time high. However, problems with project management persist. Construction firms who handle multiple projects simultaneously need to allocate resources carefully. If one project is held up for lack of resources while another has excess contingencies, the larger operation isn’t working as efficiently as it should. Lumivero’s software solutions help forecast and project the best contingency balance.
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