S
M
A
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BR
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BENEFITS
AND
CHALLENGES
OF
CONTRACTORS'
USE
OF
OWNERS'
PMIS
Owners Requiring Contractors to Use Their PMIS
None—Contractor's Risk Is Not Increased
42%
NA
31%
59%
19%
39%
8%
37%
19%
33%
Increase in General Conditions Cost
Lack of Proper Documentation in the Event of a Claim
Lack of Project Performance Information
Lack of Project Performance Reports
INCREASED RISKS FROM REQUIREMENT
TO USE OWNERS' PMIS
Top Risks Contractors Face When Using an Owner's PMIS
Selected in the top three by owners and contractors
Contractors face other issues than just having to do double
entry when they use an owner's PMIS. The top risk reported
by contractors is an increase in general conditions cost, which
was selected among the top three risks by 59%. In addition, one
third or more also find that they face the risk of having a lack
of proper documentation in the event of a claim, lack of project
performance information and lack of project performance
reports. All of these can ultimately prove costly for contractors,
and impact their ability to manage their work.
OWNERS' VIEW ON CONTRACTOR RISK
Strikingly, almost half (42%) of owners who require contractors
to use their PMIS believe that contractors do not face any
increased risk at all. Those that do recognize the risks faced by
contractors significantly underestimate the impact compared
with the contractor responses.
This disconnect is not surprising, given how common it is
for contractors to use an owner's PMIS, but increased risks
typically impact overall project cost and can lead to other
issues with schedule and quality.
.
Owners Contractors
6 SmartMarket Brief: Connecting Owners and Contractors Premier Par tner: e-Builder © Dodge Data & Analytics w w w.construction.com
