Making Investments Count: Three Capital Spending Challenges
Although the global economic environment is on the mend, companies are cautious. And rightly so, given the erratic nature of today’s international markets. Enterprises in asset-intensive process industries – like utilities, oil, gas, chemicals and mining – are in a precarious position due in part to the massive amounts of capital required to sustain and grow their businesses. For that reason, it is imperative that leaders in these industries ensure their investments are driving enterprise value, reducing costs and improving operational efficiency. This whitepaper will provide an overview of the capital investment challenges facing companies in these industries, explain how enterprise project portfolio management solutions can help, and delve into the specific ways companies can improve their key capital investment processes.