Modernize project controls to ensure project success aecom
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The document outlines strategies for modernizing project controls to enhance project success, emphasizing full visibility, accountability, and informed decision-making to prevent disputes and budget overruns. AECOM's philosophy focuses on implementing integrated solutions and fostering collaboration, illustrated by case studies showcasing successful project execution. Aconex is highlighted as a critical tool for streamlining project processes and improving cost management across various industries.
Modernize project controls to ensure project success aecom
- 1. Modernize project controls to ensure project success With
- 2. Intro Industry insights Customer success –AECOM Aconex demo Q&A Agenda Janet Poses Garrett Fultz Kim McAvoy Tim Kent
- 3. Garrett Fultz Senior Director - Construction Solutions FTI Consulting
- 4. What are we trying to achieve? • No disputes • Reduced errors / rework • No budget overruns • Schedule adherence • Happy customers
- 5. How do we achieve these goals? • Full visibility and accountability • Project-wide access to the right information • Understanding of cost implications before decisions are made • Efficient processes to consistently keep projects on track 1. 2017 PMI Pulse of the Profession Organizations continue to struggle when executing projects with issues across the pillars of people, process and technology.The difference between the top organizations and the rest is striking.
- 6. Moving from cost reporting to cost management • Automate • Standardize as much as you can • Configure as much as you need to • Analyze data • Make informed decisions Making Sense of Project Data
- 7. Where do we start? Capability Assessment Business Process Improvement Technology Enablement Find consistent challenges across projects Assess current capabilities Prioritize areas to focus on Define ideal process flows Take an organization-wide view Focus on change management Select the right technology partners to enableYOUR processes Implement technology as an enabler ofYOUR processes Leverage new capabilities to deliver value
- 8. Kim McAvoy Global Director - Major Program Solutions AECOM
- 9. About AECOM • #1 in ENR‘s “Top 500 Design Firms” • 7 continents • 150+ countries • 90,000 employees • US$17.4B revenue
- 10. Our responsibility to be in control on all of our projects • Responsibility to our clients • Responsibility to our employees • Responsibility to the other organizations on the projects • Responsibility to the public
- 11. AECOM’s Project Controls goals • Predictable and consistent project delivery • Cross project comparison and learning • Clear visibility and insight for management, clients and public • Improved project planning and resourcing • Continuous improvement
- 12. AECOM’s philosophy on project controls • We look across projects • We pay attention to implementation • We ensure all project team members are working from the same information • We emphasize adoption • We prioritize which areas to focus on • We track performance, set goals and measure results • We understand the need to each organization to own their own secure data
- 13. Example of Project Controls success - planning • $26 billion International Program: Leisure/Cultural • multiple sites • global team • several (5) currencies • Project success • historical information from multiple projects to support planning and execution • flexible and powerful cost control system
- 14. How AECOM modernizes project controls to ensure project success • We resource to support solutions implementation • We recruit with our core values in mind: “safeguard, collaborate, inspire anticipate, deliver and dream” We are a forward looking organization • We implement integrated solutions that provide us with predictive cost and schedule impacts • We have a collaborative approach to system selection and implementation • We develop tiered process definition • Company wide • Project type specific • Project specific Specific Project Configuration Project Type Standards Company-wide Standards
- 15. Example of Project Controls success - execution • $ 1 billion program: Transportation • Projects contingent on a tax revenue • Over 1400 separate projects • Project success • Project control solution facilitated tracking the project costs and tax revenue • With solutions in place we are able to deliver this program with only 7 AECOM staff members
- 16. AECOM’s use of Aconex • AECOM has been using Aconex for 9 years • AECOM recently put a global enterprise agreement in place, expanding upon a previous enterprise agreement with URS, who AECOM acquired in 2014 • Aconex supports AECOM projects in industries including: Energy, Transportation and Commercial • AECOM has been able to speed project processes with Aconex
- 17. Modernize project controls to ensure project success Tim Kent Sr. Product Manager Aconex
- 18. Field Inspections Connecting teams project-wide OperateConstructDesignBidPlan Document Control RFIs & Change Orders Bidding & Tenders Workflows & Approvals BIM Collaboration Submittals Handover to Operations Cost Management Dashboards & Reporting In projects executed on the platform $1+ trillion Documents managed with complete auditability 1.2+ billion User organizations Interfacing efficiently 60+ thousand
- 19. Every project member on a connected platform with a single view Enterprise-wide Collaboration Line-of-sight into issues Early Warnings & Predictive Insights Unified project controls for a single view of project performance Integrated Project Controls Connected Cost: Integrated, Configurable, Enterprise-wide A modern collaborative project controls solution integrating cost, schedule, contracts & project information
- 20. Foresight and visibility to prevent surprises Portfolio Project Process Tasks
- 21. Demo: Using modern project controls to ensure project success • Overview • Reporting and insights • Cost worksheet • Managing change We presented a live Aconex demo. Please view your demo at aconex.com/Demo.
- 22. Recap: Using modern project controls to ensure project success • Ensure you are getting the right information at the right time, so you can look forward and make informed decisions. • Manage cost with a flexible system that supports the way you work. • Implement an integrated solution so you can see the impacts of cost across critical project processes like change management.
- 23. More successful projects delivered than any other platform, industry-wide In projects executed on the platform $1+ trillion Documents managed with complete auditability 1.2+ billion User organizations Interfacing efficiently 60+ thousand
- 24. Our thanks to FTI Consulting and AECOM and to you for attending Learn more at aconex.com/CostDemo