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Home Digital Construction Construction

Information management optimises project delivery & asset performance

March 27, 2024
in Construction, Digital Construction
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Information Management

Access to information (as data) of the right quality at the right time, trusted by all parties, is a critical enabler of the sector’s digital transformation. Hear from Peter Lynch, Snr Advancement Manager, Bentley Systems how effective information management can optimise both project delivery and asset performance. We will also look at how daisy-chained Common Data Environments from supply chain through to client, managing Projects, Programmes and Portfolios, can produce direct productivity gains and drive-up quality.

The Role of Digital Transformation:

Digital transformation in the construction and infrastructure sectors hinges on the seamless flow of accurate information. Whether it’s project specifications, design plans, construction progress updates, or maintenance schedules, having access to the right data at the right time is crucial. This not only boosts efficiency but also ensures that decisions are based on reliable information.

The Role of Common Data Environments

Common Data Environments are digital platforms designed to store, manage, and share project-related information. They serve as a single source of truth for all project stakeholders, from the supply chain to the client. Here’s how daisy-chained CDEs can make a difference:

Supply Chain Collaboration: Effective information management starts with the supply chain. By connecting suppliers, manufacturers, and logistics providers through a CDE, you create a unified ecosystem where everyone has access to the same data. This streamlines procurement, reduces lead times, and enhances collaboration.

Project Management: As projects progress, information must flow seamlessly between contractors, subcontractors, architects, engineers, and project managers. A well-implemented CDE ensures that project updates, revisions, and approvals are instantly available to all relevant parties, reducing delays and miscommunications.

Program and Portfolio Management: For organizations managing multiple projects and programs, a daisy-chained CDE system can provide a bird’s-eye view of all ongoing initiatives. This allows for better resource allocation, risk management, and strategic decision-making.

Benefits of Effective Information Management

Direct Productivity Gains: With information readily accessible and transparent, teams can make quicker, more informed decisions. This reduces downtime, minimizes rework, and accelerates project timelines. The result? Enhanced productivity across the board.

Quality Improvement: Reliable data ensures that project specifications are met and quality standards are maintained. It enables real-time monitoring and quality control, minimizing defects and costly rectifications.

Risk Mitigation: Effective information management aids in identifying and addressing potential risks early in the project lifecycle. This proactive approach helps in mitigating issues that could lead to delays or budget overruns.

Client Satisfaction: Clients benefit from the transparency and efficiency brought about by daisy-chained CDEs. They have real-time visibility into project progress, budgets, and timelines, which fosters trust and satisfaction.

Asset Performance Optimization: Beyond project delivery, CDEs continue to play a crucial role in managing asset performance. Maintenance schedules, equipment manuals, and operational data can be seamlessly integrated into CDEs, ensuring that assets are operated efficiently and downtime is minimized.

Effective information management is the cornerstone of digital transformation in the construction and infrastructure sectors. Daisy-chained Common Data Environments, spanning from the supply chain through to the client, can produce direct productivity gains and drive up quality. In an industry where margins are often tight and timelines critical, the advantages of seamless, trusted data flow are indisputable. As organizations embrace this approach, they position themselves not only for improved project delivery but also for enhanced asset performance over the long term, ultimately contributing to the sector’s continued evolution and success.

Learn more real experiences and actionable insights on the implementation of BIM and other digital disciplines at the region’s biggest and best ConTech event, Construction Technology Confex. This renowned event, now in its 7th edition, brings together the region’s project developers, contractors, consultants and the technology ecosystem to share digital use-cases that design, build and operate faster, greener and more efficiently.

Digital Construction Hub releases new articles, and construction technologies updates on weekly basis and promotes all new content through digital marketing updates. You can read more articles here.

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