Project Controls Best Practices with EcoSys · Project Controls Challenges Poor Planning Rigid...

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Copyright @ 2011. All rights reserved Project Controls Best Practices with EcoSys Project Controls Expo – 16 th Nov 2016 Emirates Stadium, London

Transcript of Project Controls Best Practices with EcoSys · Project Controls Challenges Poor Planning Rigid...

Page 1: Project Controls Best Practices with EcoSys · Project Controls Challenges Poor Planning Rigid systems and processes ... face cost overruns or delays 2-11% impact on share price if

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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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About The Platform

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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

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Simple Best Practice Solutions

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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