From Complex to Simple: Managing Funding Sources Painlessly

Managing multiple funding sources, such as private funding, federal grants, bonds and state and local funds across multiple construction projects is hard. Any mismanagement can lead to project delays, cost overruns and even legal consequences. In addition, inefficient tools only compound these challenges, as they require piecemealing different data sets and reports to see where and how funding is being spent. This increases the likelihood of errors and makes it difficult to course-correct.

Utilizing technology is key to effectively planning, managing and tracking multiple funding sources of projects and their costs. Also, tech can greatly enhance visibility and informed decision-making by providing accurate, real-time data and reporting that enables proactive course-correction, reduces errors and minimizes cost overruns all within a centralized platform.

In this webinar, our panel of experts will discuss:

• The challenges and complexities of managing multiple sources of funds
• Strategies to better manage multiple funding sources to reduce project delays and cost overruns
• How tech can maximize visibility and informed decision-making with past, current, future and scenario-based funding data