Today’s Life Science Capital Projects’ delivery teams are facing unprecedented challenges.
Rising Capital Expenditures
They are dramatically increasing capital expenditures to take advantage of market opportunities to come, a shortage of skilled manpower is cited the leading reason companies are unable to keep pace with the rapidly changing environment.
Shortage of Skilled Manpower
The need to prioritize the highest value projects, increase efficiency, and reduce costs, Life Science capital project portfolio managers are under severe pressure to meet budget, schedule, and quality objectives with limited resources.
Call for Transformational Change
The only solution is transformational change: across people, processes, and technology.