An increasingly competitive marketplace for both projects and talent is driving the adoption of project historical databases across the infrastructure sector. It’s a trend exacerbated by the coronavirus pandemic, which showed the importance of digitalization and systems that support business continuity.

When developing a project historical database, firms must consider how to normalize project costs, note project context that might affect prices, collect pricing information, and consider what data should be saved.

In this Q&A, Eos Group CEO Nick Papadopoulos discusses how to ensure the success of a firm’s project historical database with:

• A supportive corporate culture
• Staff recruitment plan
• Overall data strategy