Construction Industry Headlines Tell the Same Slim Margin Story
One doesn’t have to read far into the news to see a familiar story across the North American and European construction industry. I’ve seen companies report annual margins increase from 3 to 3.3% in for 2011 to 2012, and this is a positive sign. Really. So, it’s a constant reminder for construction business owners to innovate and find new efficiency in their business processes. To that, SAP just launched the solution, SAP Commercial Project Management, that was developed with project based business in mind.
Projects have many aspects: Resources, Financials, Risks, Scope, Schedules, etc. requiring PM’s to use different tools to complete work. Among multiple new functional areas, the Project Workspace allows projects to be be monitored across the entire construction life-cycle with an enhanced user experience providing a single view across systems and applications. More efficient. Better decision making. Read more in this Construction News Article Link