project controls best practices with ecosys€¦ · project controls challenges where are my...
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![Page 1: Project Controls Best Practices with EcoSys€¦ · Project Controls Challenges Where are my resources? What does my cash-flow look like? When are procured items due? Can you run](https://reader030.vdocuments.net/reader030/viewer/2022040601/5e910486f33fa426a2529856/html5/thumbnails/1.jpg)
Copyright @ 2011. All rights reserved
Project Controls Best Practices with EcoSys
Project Controls Expo – 16th Nov 2016Emirates Stadium, London
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About the Team
Mervyn GeorgeSolution Consulting ManagerEurope, Middle East, India & Africa [email protected]
Iain GrahamEcoSys Sales DirectorEurope & [email protected]
Darren MetherellVP International Business Development & Partner [email protected]
Federico RotaInside Sales ManagerEurope, Middle East, India & [email protected]
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About The Company
Market
Leader
Business
Momentum
Loyal & Growing
Customer Base
•EcoSys founders were the original developers of
Primavera P6
•First to market and industry leader in
enterprise project controls
•Deep portfolio & project management expertise
•Largest user adoption in project controls
industry
•Global presence – users in 20+ countries
•Acquired by Intergraph in 2015
•500+ clients globally
•Strong partnerships: SAP, Oracle, SAP,
Microsoft, Accenture, IBM, and more
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Representative customers
Transportation
UtilitiesEngineering & Construction Oil, Gas & Chemicals
Government Contractors / A&D Mining
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Title Project Controls Challenges
Image source: http://bit.ly/1LhwsGJ
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Project Controls Challenges
Poor Planning
Rigid systems and processes
Information silos / Lack of integration
Manual processes
Poor visibility and reporting
Poor communication
Inability to act on information
Insufficient Project Controls resources and knowledge
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Project Controls Challenges
Where are my resources?What does my cash-flow look like?When are procured items due?Can you run me that Project budget report?
Who approved this budget?Who approved this Change?Where is this project going?
How is this forecast calculated?How is this progress being measured?How does Project A compare to Project B ?
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Impact of challenges
61% of major projects
miss their budget 1
98% of large scale
capital OO projects
face cost overruns
or delays 2
-11% impact on share
price if project
deadline or budget
missed 3
3: Source: “Capital Projects: Is Your Board Doing Enough?”, PWC, 20131: Source: “Utilities Capital Projects: Will They Deliver?”, Accenture 2013 2: Source: “Owner Operators Study”, McKinsey n.d.
80% average cost
increase 2
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https://www.flickr.com/photos/mayeesherr/9272129429/in/
Takeaways for today
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Takeaway 1:
Remove your dependency on inefficient tools that currently manage project controls data
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Inefficient tools
Schedule
CBS-0
CBS 1
CBS 11 CBS 12
CBS 2
CBS 21
CBS 3
CBS 31
CBS 4
CBS 41
ERP
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Inefficient tools
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61% of cost analysts’ time was “Wasteful”
20%
16%
13%12%
30%
6%
2% 1%
Fixing GL Issues
Correcting Labor Coding
Collating Internal &External Reports
Manual Downloading
Monitoring & Controlling Costs
Change Management
Forecasting & Trending
Analyzing Budgets & Actuals
Source: Internal Study by EcoSys Customer
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Simple Best Practice Solutions
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Simple Best Practice Solutions
![Page 17: Project Controls Best Practices with EcoSys€¦ · Project Controls Challenges Where are my resources? What does my cash-flow look like? When are procured items due? Can you run](https://reader030.vdocuments.net/reader030/viewer/2022040601/5e910486f33fa426a2529856/html5/thumbnails/17.jpg)
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Simple Best Practice Solutions
![Page 18: Project Controls Best Practices with EcoSys€¦ · Project Controls Challenges Where are my resources? What does my cash-flow look like? When are procured items due? Can you run](https://reader030.vdocuments.net/reader030/viewer/2022040601/5e910486f33fa426a2529856/html5/thumbnails/18.jpg)
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Greater value-add for cost analysts
Analyzing Data65%
Forecasting& Trending
25%
Running Reports5%
Troubleshooting5%
Source: Internal Study by EcoSys Customer
“Wasteful” Activities61%
Value-add Activities
39%
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Takeaway 2:
Reduce the total cost of effort to adopt efficient tools
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How?
Increase user adoption rates
Increase adoption of product capability
Reduce total cost of ownership
Increase % ownership of expensive tasks
Implement fewer but more strategic tools
Adapt the tool as the business evolves
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Key system considerations
Standardization/
Best Practices
Controlled
Flexibility
Scalability
Adoption
Automation
Predictive
Visibility
Integration
Full Lifecycle
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Takeaway 3:
Strive for DIY
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DIY Project Planning and Monitoring
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DIY Data – Client Reports
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Internal/External Stakeholders
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Internal/External Stakeholders
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Using tools that can produce
apps more rapidly is crucial
for enterprises to help bridge
the gap between mobile app
demand and supply.
Gartner
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Why Mobile?
Connect departmental silos
Provide access to up-to-date information
Replace cumbersome paper-based and manual processes for field workers
Offer simple tools with no training needs
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https://www.flickr.com/photos/mayeesherr/9272129429/in/
Takeaways for today
1. Remove dependency on inefficient tools
2. Reduce cost of effort to adopt efficient tools
3. Strive for DIY
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Product strategy initiatives
Out of the box best practice content for project controls and contract management
Extended integration capability (SAP, Primavera, Intergraph, Web Services, Flat Files)
The bigger picture (Hexagon augmented reality, multi-dimensional building modeling)
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Where to next?
Image source: http://bit.ly/1MZgfVT
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Where to next?
Meet Iain, Darren, Federico or Mervyn now or later at the EcoSys booth
Talk to us about platform capability and feasibility
Schedule a product demo
Visit www.EcoSys.net