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This industry vertical is extremely asset intensive. They have tremendous business pressures in the following areas:
- Communication breakdown leading to unplanned cost burdens
- Scope and Schedule Change management leading to delays and cost over runs
- Limited program management oversight capabilities leading to missed milestones delayed payments and supplier dissatisfaction
- Changing risks profiles leading to claims, disputes and litigations
- Managing sub-contractors
- Pressure on Maintenance capabilities, facility management, job costs and resource utilization
- Low margins
- Fragmented information across projects leading to unplanned deployment of assets/resources and finance
- Global talent management for matching project standards
- High project risks arising out of pricing accuracy, contract management, and compliance pressures
- Streamline opportunity management and proposal delivery
- Managed project planning and project progress
- Provide virtual design and construction capabilities
- Provide single view of customer information for tracking of contact information, customer profitability, opportunity management and payment history
- Leverage historical project information’s for bids
- Effective bid package preparation with supplier and sub-contractor collaboration
- Seamless information management from solicitation to proposal to contract
- Improved budgets and forecast capabilities
- Manage costs, revenue and billings
- Effectively manage issues and changes
- Provide capabilities to manage at project and program levels
- Facilitate efficient project close out and manage knowledge to improve future projects
- Provide single source of project and building information
- Provide internet based calendar and scheduling functionalities
- Streaming online CAD sharing and mark up
- Provide comprehensive talent management, workforce recruitment and worker development capabilities
- Optimal workforce deployment and utilization tracking
- Efficient corporate governance with adherence to compliances
