Gain Total Control of your Operations
Complex project shouldn't be a reason for project delays
It's all about control
In an industry which faces constant disruptions, battles, disconnected jobsites and unpredictable environments – having control has never been so important.
However, with ongoing challenges around a diminishing labor pool, raw material price increases and lengthening material supply lead times, many construction and engineering companies spend their time firefighting the here and now - never fully gaining control.
The key to remedying these issues once and for all is integrated project planning. IFS Cloud connects teams by operating from one source of truth, allowing users to plan for every scenario, mitigating risk and ensuring project success.
The key to remedying these issues once and for all is integrated project planning. IFS Cloud connects teams by operating from one source of truth, allowing users to plan for every scenario, mitigating risk and ensuring project success.
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Complete Project Lifecycle Control
For engineering and construction businesses, having complete project lifecycle control is a necessity rather than a nice to have. IFS Cloud enables best practice processes and supports the full asset lifecycle to ensure that projects are delivered on-time, on-budget and at a high quality.
Discover how having complete project lifecycle control can improve the efficiency and profitability of your operations by:
- Increasing value and ROI by delivering on time, on budget and with high quality
- Ensuring you only ever operate from one version of truth
- Connecting procurement teams to a project to ensure accurate reporting
- Improving the estimating and design process from project inception
- Delivering accurate reporting throughout the project lifecycle
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Finally Proper Project Financial Control
In an industry where cash is king and profit margins are on a knife edge, the slightest fluctuation in a project can be the difference between making a profit or a loss.
Yet many of the software packages on the market fail to adequately address the complex project financial control needs of construction companies that ensure a project is completed, on time, on budget and at a high quality and by extension, the success or failure of the business.
IFS solutions combine best-of-breed functionality with a strong digital backbone to improve efficiency and create a connected way of working by allowing users to operate from one version of truth - providing a comprehensive control point from procurement.
Yet many of the software packages on the market fail to adequately address the complex project financial control needs of construction companies that ensure a project is completed, on time, on budget and at a high quality and by extension, the success or failure of the business.
IFS solutions combine best-of-breed functionality with a strong digital backbone to improve efficiency and create a connected way of working by allowing users to operate from one version of truth - providing a comprehensive control point from procurement.
Integrated Project Planning will be a must have by the end of 2022
In his 2022 industry predictions, VP - Construction & Engineering, Kenny Ingram, has highlighted that by the end of 2022 integrated project planning will be a must have by the end of 2022.
For most companies, this transition requires a shift in mindset, processes and business systems and a move to a more integrated world where being able to plan for every scenario in a rigorous and reliable fashion allows engineering and construction companies to manage risk and always be in control of their operations.
For most companies, this transition requires a shift in mindset, processes and business systems and a move to a more integrated world where being able to plan for every scenario in a rigorous and reliable fashion allows engineering and construction companies to manage risk and always be in control of their operations.
Managing risk through the construction project lifecycle
Risk is present at every stage in construction projects. As construction companies face tighter margins and unpredictable disruptions, effectively managing risk will mean the difference between financial profitability or catastrophic loss.
To plan for and therefore mitigate risk, construction companies must embed integrated planning, cost control and finance to manage unforeseen changes throughout the project lifecycle.
To plan for and therefore mitigate risk, construction companies must embed integrated planning, cost control and finance to manage unforeseen changes throughout the project lifecycle.
Ensure you're in total control
New and unpredictable challenges in construction have made the project planning process more important than ever. Industry trends around supporting the full asset lifecycle and adoption of modern methods of constructions cannot be ignored either. These factors call for one central source of truth IFS Cloud can deliver in an integrated platform to ensure successful project delivery.
IFS Cloud streamlines the construction lifecycle to manage your complex projects, ensuring:
IFS Cloud streamlines the construction lifecycle to manage your complex projects, ensuring:
- Complete project and financial control
- Improved construction lifecycle productivity
- Operational savings
- Transformational change
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Risk Management - Avoiding disaster
Managing and understanding how risk can impact your business is not only a challenge, it is a constantly fluctuating variable that needs to be kept in check in order to ensure project success. In this video we explore how risk management when managed well can not just ensure project success, it can be a competitive advantage.
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