Many machine builders and plant engineering companies experience profitability pressures in their project business. Structural changes are required to address issues sustainably and over the long run – but they cannot deliver quick results.
Short-term improvements even in running projects, however, can be achieved through a project recovery approach that helps to detect and mitigate upcoming risks and to identify quickly realizable savings. For a portfolio of projects, the resulting profit improvement impact can be more than ten percentage points.
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