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Use of Smart Technologies in Large Infrastructure and Energy Projects

In: The Digitalization of Management Accounting

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  • Andreas Langer
  • Lutz Neugebauer

Abstract

In the past, major projects in the infrastructure and energy sector have repeatedly revealed enormous potential for improvement in terms of planning, control and stakeholder management. The challenge of such projects lies primarily in the complexity and volume of the data to be processed and the specific requirements for controlling that arise from this. This makes the support potential of digital technologies and artificial intelligence greater. The following article examines which specific tools from the field of digitalization are particularly suitable for the usage in the controlling of major projects, the extent to which such tools are already being used in practice today, and what future developments might look like. The focus is on the planning process, risk management, data evaluation, progress measurement, and reporting in general.

Suggested Citation

  • Andreas Langer & Lutz Neugebauer, 2023. "Use of Smart Technologies in Large Infrastructure and Energy Projects," Springer Books, in: Imke Keimer & Ulrich Egle (ed.), The Digitalization of Management Accounting, chapter 19, pages 295-317, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-41524-2_19
    DOI: 10.1007/978-3-658-41524-2_19
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