Digital Transformation in Construction Engineering Cost Management: Leveraging Automation for Operational and Competitive Advantage
DOI:
https://doi.org/10.22399/ijcesen.4455Keywords:
Digital Transformation, Automation, Cost Management, Operational Efficiency, Competitive Advantage, Change ManagementAbstract
This study looked at how digital transformation and automation affect cost management in medium- to large-sized businesses. We looked at both qualitative and quantitative data to compare cost parameters before and after automation. These included operational costs, cost variance, and processing time. We also talked to finance and operations management to get their thoughts. The results revealed that total costs and processing times went down a lot, and cost tracking became more accurate and clear. Also, employees' time was switched from mundane chores to strategic activities, which improved their ability to make decisions. Even while there were benefits, there was some resistance to change during implementation. The results show that automating cost management can improve operational efficiency and give companies a competitive edge, as long as they handle change processes well
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