Learning and benchmarking through contractor collaboration
When a project is 20% complete, it is almost impossible to change its trajectory, and remedial action requires massive spend to try and mitigate an overrunning schedule.
Lean, efficient project teams are teams that are set-up for success. Through active monitoring and analysis, project performance is continually evaluated, giving you confidence that project partners are performing their role in line with expectations. Efficient collaboration between Owners and Contractors requires data from the Contractors to be easily published as repeatable project deliverables that are validated automatically and instantly made available for inclusion in progress and performance management.
The Challenge: Systems are typically updated on a monthly cycle and therefore real-time insight actually becomes “real-time insight … once a month”. This results in a Time to Decision that is far too long to be of maximum benefit, and in many cases, the opportunity to influence corrective action is lost or greatly reduced.
The Solution: E7 enables contractors to provide data, not reports, in a structured, consistent environment. With the data maintained in a single, trusted data environment, the quantification of the impacts of change and disruption can be evaluated and captured minimizing the Time to Decision and maximizing transparency.
This is achieved by providing a digital platform for Contractors to publish their progress reporting deliverables as data rather than traditional reports. This greatly reduces, the Time to Decision the time typically spent by Owner team project controls personnel managing adhoc manual methods of processing, massaging and organising data that can then be integrated into the planning and cost management systems.
Rather Contractors publish progress on a daily basis that can be reviewed and used by all members of the owner’s team each day to reduce Time to Decision and ensure clean structured data that can easily be imported into Planning and Cost Management systems to support the end of month reporting cycles.
By reducing the Time to Decision, Owners and EPCMs are able to quickly analyze information from the field, assess mitigation opportunities, implement corrective actions and update the Planning and Cost Management systems with accurate, up-to-date information.
otal project transparency means that actions can be taken to support project teams as they deliver major works. E7 provides complete peace of mind that a project is on track.