Modernize project controls to ensure project success

With

Intro

Industry insights

Customer success –AECOM

Aconex demo

Q&A

Agenda

Janet Poses

Garrett Fultz

Kim McAvoy

Tim Kent

Garrett Fultz

Senior Director - Construction Solutions

FTI Consulting

What are we trying to achieve?

• No disputes

• Reduced errors / rework

• No budget overruns

• Schedule adherence

• Happy customers

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.

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

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 enable YOUR processes

Implement technology as an enabler of YOUR processes

Leverage new capabilities to deliver value

Kim McAvoy

Global Director - Major Program Solutions

AECOM

About AECOM

• #1 in ENR‘s “Top 500 Design Firms”

• 7 continents

• 150+ countries

• 90,000 employees

• US$17.4B revenue

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

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

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

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

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

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

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

Modernize project controls to ensure project success

Tim KentSr. Product Manager

Aconex

Field Inspections

Connecting teams project-wide

OperateConstructDesignBidPlan

Document Control

RFIs & Change Orders

Bidding & Tenders

Workflows & Approvals

BIMCollaboration

Submittals Handover to Operations

CostManagement

Dashboards & Reporting

In projects executedon the platform

$1+trillion

Documents managed with complete auditability

1.2+billion

User organizationsInterfacing efficiently

60+thousand

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-wideA modern collaborative project controls solution integrating cost, schedule, contracts & project information

Foresight and visibility to prevent surprises

Portfolio

Project

Process

Tasks

Demo: Using modern project controlsto 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.

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.

More successful projects delivered than any other platform, industry-wide

In projects executedon the platform

$1+trillion

Documents managed with complete auditability

1.2+billion

User organizationsInterfacing efficiently

60+thousand

Our thanks to FTI Consulting and AECOM and to you for attending

Learn more at aconex.com/CostDemo