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PROJECT CONTROLS: UNIFYING THE BACK OFFICE AND THE FIELD
Why are project controls in construction important?
It’s easy for construction projects to slow down or go over budget. Good project control practices are necessary to give contractors a way to fight back against cost and schedule overruns as well as limit project risk. An organization with the right project controls in place can tell early on when issues are getting in the way of project objectives, then quickly and effectively get things back on track.
What are the key elements of project controls in construction?
A project manager who has access to accurate and up-to-date reports can manage more effectively than one who must learn from sporadic updates. Furthermore, a team with automation features to assist with everything from bid management to the project schedule can be more productive than one relying too heavily on manual operations.
Using CMiC’s project control capabilities can be the “secret sauce” that gets projects completed on budget and on time. An overall project management plan can be broken down into distinctive functional areas. The following are four of the key capabilities that can point the way to successful projects, every time out.
Change management for construction projects has become increasingly complex, driven by the growing number of organizations involved in any given project. In order for projects to be successful, your teams need to stay on top of any and all changes by having access to the most up-to-date and accurate information and fully understanding the scope of work, the schedule and the costs involved.
|Access costs that are automatically updated||Reduce misinformation and improve clarity|
|Manage orders through their entire lifecycle||Monitor and approve requests from a single location|
|Enter and approve change orders entirely online||Reduce wait times for approvals|
|Generate change orders from answered RFIs||Improve responsiveness to drive greater client satisfaction|
Subcontractor Relationship Management
With CMiC, your teams can manage subcontractors from start to finish by integrating all subcontractor activity into your workflows. Subcontractors are a vital element in the success of any construction project, but their mismanagement is a potential risk factor that can threaten the stability and profitability of a project. With CMiC, subcontractors become a seamless extension of your own staff.
|Create, track and approve vendor applications entirely online||Gain full control of all subcontracting arrangements|
|Prequalify subcontractors before they start work on a project||Log all subcontractor communications for future reference|
|Manage licenses, trade types and insurance information||Closer oversight helps to ensure subcontractor compliance|
|Store performance ratings from past work by each subcontractor||Better selection of subcontractors leads to lower operational risks|
Bid & Procurement Management
CMiC facilitates the management of all data, information and communications related to the bid process, from estimate to buy out, eliminating unnecessary steps and allowing your users to drill down into details and make better procurement decisions.
|Seamlessly integrate bid estimates into the overall process||Manage bid process information centrally and more effectively|
|Track and analyze each bid from a subcontractor||Make the bidding and selection process efficient, objective and predictable|
|Automate the process of receiving bids for bid packages||Generate customized and detailed bid packages|
|Define exclusions, inclusions and special pricing for bid packages||Automate the bidder evaluation process|
Cost, Revenue & Budget Management
With CMiC, your teams can track and monitor time, expenses, supplier and capital costs—and manage the project budget with confidence. Create different cost philosophies based on project, country and business process requirements to effectively manage multiple projects across several geographies while complying with different standards. Create bills and invoices in a variety of flexible formats to meet any job requirement.
|Track and monitor time, expenses and capital costs||Comply with different accounting standards|
|Define and deploy different cost philosophies||Increase precision and transparency|
|Quickly generate bills and invoices in a variety of formats||Detect billing issues and take fast corrective actions|
|Manage projects across regions with different accounting standards||Track project budgets accurately and with confidence|
Why deploy CMiC for project controls in construction?
The construction industry is a sector of complex, multifaceted projects and organizational relationships. Companies that don’t have purpose-built and centralized digital project control systems in place may find themselves bogged down with inefficiencies and an inability to scale up as the organizational demands facing them grow.
CMiC provides a web-based platform that delivers automation and centralized data access to all aspects of project management, making each individual more productive and ensuring jobs are completed to spec every time, even as each new project brings unique requirements.
SCALE YOUR CONSTRUCTION BUSINESS WITH CMiC
Your business has the potential to grow faster and for longer—but your teams need to keep up. Invest in the software to help them do just that. The CMiC platform is purpose-built for the construction industry, ensuring that your users, and the unique workflows that they manage, are not just supported, but also enhanced by the right capabilities. Speak with an expert to learn how CMiC can help you grow faster while boosting your profits.
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