Engineering, Construction, and Operations (EC&O) companies are project driven, with an increased emphasis on visibility and flexibility. Visibility to see projects holistically and immediately, thereby identifying required and available resources. Flexibility to manage mid-project variations in a way that fully accounts for consequent effects to schedules and budgets. Emerging Technology and TrendsIn the years ahead, companies in the engineering, construction, and operations industries will be fully integrated, leading to new levels of efficiency. The enterprise will become increasingly mobile, and companies will be able to provide workers with anywhere, anytime access to vital enterprise resources that were previously inaccessible from remote locations. Project-Execution CapabilitiesEffective task execution impacts project profitability. That’s why companies seek better ways to handle resources, execute project logistics, manage documents, and interact with strategic partners. Other priorities are detailed warehouse management, On-site and off-site shipment tracking and ongoing quality management. Companies should use sophisticated project management systems that can move and track direct materials both on-site and off-site. They should seek highly integrated solutions in which new project requirements can automatically trigger follow-on processes such as generating purchase orders. Manage Projects On Time and On BudgetSuccessful projects start with accurate planning, budgeting, estimating, and scheduling to minimize risk. Companies must be able to aggregate information and collaborate to increase bidding productivity. For the execution phase, companies want increased visibility to monitor and analyze available resources, project progress, and earned value. Companies also need a single project view that combines logistical and financial perspectives as well as the ability to manage mid project variations and their impact on budgets and schedules Knowing exactly where each project stands, management can allocate material, financial resources, and human resources in the most cost-effective manner. Sidat Hyder - Information Solutions also contains the following modules:
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Product Profile
Contract Management
Project Management
Optional Modules
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