Project Business Automation | Episode 471

Project Business Automation (PBA) is a category of business systems that are designed to integrate and automate the business processes of project-based companies.

If your company is in a project driven industry - for example construction, engineering or professional services - where you work on projects that are paid for by your customers, then having a PBA system is a must.

In this interview, Cornelius and Matt discuss the basics of PBA and how project business automation can help your project’s financial management, operations and project insight.

You can replay this live episode on The PM Podcast™ here: https://www.project-management-podcast.com/podcast-episodes/episode-details/919-episode-471-project-business-automation?utm_source=youtube&utm_medium=organic_posts

You can visit Adeaca at https://www.adeaca.com/

Key Timestamps:
- Learning objectives - (01:37)
- About the guest - (03:13)
- Project business industries (06:11)

What is PBA? (08:07)
- How sensitive is the internal data used in PBA (12:33)
- The alternative to PBA (16:17)
- PBA in Forrester Now Tech report (18:38)

PBA core elements (21:06)
- Cost-breakdown structure in PBA (21:36)
- Financial management (23:20)
- Project operations (26:16)
- Project insight (28:39)
- Other aspects of PBA (35:22)

What is not PBA? (37:32)
- What type of tools are not considered PBA and why? (37:56)
- Innovation and integration in PBA tools (41:31)
- Will you need an ERP in the project business industry? (43:20)

PBA benefits (48:21)
Takeaways from the guest (56:24)
About Matt Mong: Matt is a Vice President of Market Innovation for Adeaca and is on a mission to create the Project Business Automation product category. He leads Adeaca's thought leadership programs, evangelizing PBA across all project industries. He is Adeaca’s resident expert on project business and how to create solutions to solve this market’s problems. He has significant experience in high-growth ventures, helping companies gain awareness and position themselves as leaders in their industry.

Видео Project Business Automation | Episode 471 канала CorneliusFichtner