CONSTRUCTION
From effective resource utilisation to faster decision making and avoiding budget overruns, address key construction challenges with PRIME BPM.
MAKING CONSTRUCTION PROCESS DEPENDENT
Construction companies face unique challenges arising from their various business processes like approval process from different authorities, vendor selection process, financial decision making, material selection and tracking, work progress monitoring, etc. People-dependent processes, inadequate management, lack of coordination, a lot of manual paperwork, and lack of monitoring are other challenges that are typical to construction processes. These bottlenecks make the project inefficient and may cause budgets to overrun. With PRIME BPM, ensure end-to-end visibility into various processes and gain operational efficiency.
CONSTRUCTION CHALLENGES WE ADDRESS
Effective Resource Utilisation
Construction resource management plays a significant role in meeting project objectives within time. With PRIME BPM, map and analyse your processes to remove waste, such as double handling of tasks and inefficiencies. Now, you can ensure that resources are being allocated for the required tasks and being utilised effectively.
Meeting Deadlines with Improved Efficiency
Oftentimes, construction projects get delayed due to the lack of transparency in processes and work progress monitoring. Detailed, standardised and accurate maps generated with PRIME BPM enable you to gain end-to-end transparency within processes. The in-built analytical engine helps you to understand how long a process takes to execute and isolate delay times. Combining this information with the insights on how your process efficiency compares to the industry threshold enables you to improve process efficiency.
Streamlining Approval and Monitoring Process
With the built-in RACI matrix, you can define who is Responsible (R), Accountable (A), Consulted (C) and who must stay Informed (I) about the process. This will help you establish the workflow and streamline the approval and monitoring process.
Faster Decision Making with Central Process Repository
With all the up-to-date processes stored in a central repository allow all the stakeholders to be on the same page. Easily access all the material, vendor and financial information from a central place. Further, collaborate seamlessly to suggest ideas and changes and ensure faster decision-making.
Avoid Budget Overruns
Exceeding the estimated budget, a common problem in construction projects can be addressed easily by doing value analysis with PRIME BPM. Identifying and removing non-value adding activities result in immediate cost savings. Further, analyse role cost and overhead cost and based on the insights, reroute the tasks to a lower-cost resource.
Securing Confidentiality of Financial Data
Ensure confidentiality and security of your data by defining who can edit, view and share the data. Appropriate controls in place will let you safeguard your data from unauthorised access or changes. For instance, you can manage the risk of fraud to financial information by putting controls in terms of who can access the information with BPM tool for the construction industry.