I have seen many cases in my long years of working for the Construction Industry that Management is working very hard trying to make complex projects work and be profitable, but without the right approach, and the right tools and technologies this task will get more and more difficult to accomplish.
Construction Projects are very complex in nature, and they require Management Systems that can add visibility to the process. It takes a more strategic view to move from a fuzzy view to an Organization that can look across their projects , and spend more time on real project issues, instead of dealing with inconsistent and nonintegrated technologies , inadequate and inaccurate Reporting,
A best approach is to move to an EPPM Model (Enterprise Portfolio Project Management)
Enterprise PPM solutions enable project leaders to plan, forecast and manage the status of all their projects down to
the task and resource level. The solution provides complete and total visibility across the enterprise for project status
and budgets. Budgets are formulated and tracked using fully-loaded schedule data and actual cash flows.
The solution scales to grow with business demands and requirements.
EPPM Solutions can help Construction Companies:
- Access, prioritize, and select the best projects to invest in
- Manage contingencies and other risk factors
- Improve the Management and Integration of the Engineering, Procurement and Construction processes
- Improve productivity of internal and external resources
- Manage with a limited pool of talent
In order to better compete in this Industry EPPM should be on the Senior Management Radar. The tools and technologies are already available. I think this is the path to seeing the Real Picture
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