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ProjectSight White Paper
Connecting Construction Operations with ERP
Contents
Introduction
How most project management
solutions fall short
How integrated project management
solutions bridge the gap
Six capabilities to look for in an integrated
project management solution
The future of construction is connected
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Introduction
Project management software has been transformational for
the construction industry. Digital innovations have improved
collaboration and communication between stakeholders,
helping teams allocate resources efficiently to complete
projects on time and on budget. Solution providers continue
to look for better ways to replace manual processes with
automated ones to help teams become more efficient and save
money across the construction ecosystem. These innovations
are driving a competitive market for project management
solutions that are specific to digital transformation across the
construction industry.
The key driver of this transformation is connectivity. Connected
data, connected teams and connected workflows are further
evolving the industry. The next revolution in construction
project management will take this connectivity one step further
and integrate project management software with enterprise
resource planning (ERP). This integration gives construction
teams a 360-degree view of their portfolio and up-to-the-
minute financial data for informed decision-making.
Is your project management solution as connected as it should
be? Without integration between systems, duplicate data
entry is required to update each system and the data needs to
be merged manually for many processes. If your operations
and ERP solutions aren't talking to each other, you're doing
yourself a considerable disservice. You're letting ongoing and
unnecessary inefficiency interfere with achieving your end goal
— completing projects on time and on budget.
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90% of global projects are
either over budget or delayed,
according to global construction
industry statistics.
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