Kim McAvoy from AECOM and Garrett Fultz from FTI Consulting share how consistent results can be attained by implementing modern systems on projects, and throughout organizations. New tools provide visibility into potential cost and schedule impacts. Use data and insights to deliver successful projects from controls systems to help you make the right decisions at the right time.
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
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
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
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