Optimizing the Management of Infrastructure Projects in State and Local Government
Source: Vecna Technologies
State and local governments face numerous challenges when initiating and overseeing public works projects. These include the rising cost of administrative overhead, poor visibility into project operations, and inaccurate forecasting of project cost. Unaddressed, these challenges lead to runaway cost escalation and loss of control over project operations. Administrative overhead includes payroll processing, vendor payment processing, and time and expense tracking. These activities require compliance with Fair Labor Standards Act (FLSA), Family and Medical Leave Act (FMLA), and union requirements. The resultant business requirements increase the complexity of management and shift attention away from mission-focused projects. In addition, as the private sector largely automates these processes, they become relatively more expensive for public agencies to execute in a manual fashion.