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Effective governance helps facilitate communication between project design teams and facility management teams, thus bridging the gap that often leads to missing vital information. When governance is prioritised, it leads to better coordination among teams, which results in improved outcomes and reduced risks.
Owners and clients expect a seamless handover, which is the key to efficient facility management and operations. For contractors, a clean handover process is also a way to win more work and retain loyal clients. But while closeout is essential, planning for a seamless handover happens well before ground is broken.
This month, we’re thrilled to show you over 30 new releases for our project management, cost , and field collaboration solution. Document Management Releases. Cost Management . Account Level Cost Management Library Templates . Project Management Releases . Closeout and Handover Releases . Cost Releases.
As teams get larger and construction projects become more complex, proper document management needs to be an integral part of your workflow. Poor document management is detrimental to a project and can lead to delays, budget overruns , and rework. billion in rework alone annually.
The right construction closeout plan, starting well before actual closeout, is essential to a seamless client handover. Risk assessment is the fifth step and requires you to identify potential risks or liabilities that could arise in the future. Download our Ultimate Project Closeout Checklist : What Is Construction Closeout?
Across the industry, 89% of APIJ construction companies have seen an upsurge of solutions such as BIM workflows, bid management, project management and insights as a result of COVID-19 – but there is still a way to go. To download the IDC InfoBrief, click here. Luckily, there is a tremendous opportunity for change.
With an average of only 2% of projects coming in on time, on budget and to the satisfaction of all stakeholders,1 more and more innovative contractors, owners and engineers are overcoming these challenges utilizing using an integrated construction project management platform. Better-connected office and field teams.
First, what is the British Standard for the Digital Management of Fire Safety Information? An Information Management Process is designed to be appropriate for all assets, including those for which the Golden Thread is required, with the digital platforms used at user discretion. Now, what about BS ISO 19650?
For this reason, it’s important to understand and implement cost management best practices. To learn more about keeping your budgets in check, download The Construction Cost Control Toolkit: Take Control and Improve Profitability Across All Your Projects. Site management errors. Preconstruction budget planning.
The Value of Construction Project Management Software The capital projects industry remains challenged to deliver projects on time and within budget. The scale and complexity of today’s projects call for integrated construction project management solutions with mobile functionality.
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