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Us Engineering Construction Data Driven Management Digital Capital Projects
Us Engineering Construction Data Driven Management Digital Capital Projects
Us Engineering Construction Data Driven Management Digital Capital Projects
Capital Projects
2017 Engineering and Construction Conference
June 26-28, 2017
Agenda
Module/Topic
Industry Challenges and Trends
Analytics in the Water Industry
Analytics for Construction Management
Success Stories
Benefits
Q&A
Unprioritized and
Increasing unorganized:
Lack of system demand for Owners are unable
connectivity: the transparency: to find deep
Multiple data systems project owners are insights in their
Largely paper systems: data do not often separated data across their
Repetitive based: intensive are housed in a communicate with from data by portfolio and
Reporting: industry creates variety of each other, multiple degrees of instead rely on
Multiple data volumes of disparate systems resulting in stakeholders subjective criteria
calls at various disparate, redundant entry
time periods unstructured data and risk of errors
leads to
discrepancies
19th
“The average construction professional
67%
“The construction industry is
last in IT spending compared
to 19 other industries.”1 Cost Control
Proforma General Ledger
Commissioning
Claims
Records Management
RFIs Weather delays
“67% of Construction
project management
Critical Path Equipment Tracking professionals are tracking
Approval Management Asset Accounting
1
70%
Schedule reports
Submittals
Monthly reports Approval Management
“70% of the construction industry is
spending 1% or less of its annual “40% of companies with
sales volume on IT.
Self-organising
Frontier
analytics
Smart Hard Hats
Technology
Adoption
Health & Safety
IoT Sensors
Building
Information Model 3D Printing
IoT Sensors
IoT Sensors
Asset-linked
financial decisions
Commercial/
Risk-based
maintenance
Finance
Data capture
(Scanning)
Remote Vehicles
Asset Information Remote Vehicles
Model Wearables e.g. Predicative
Lens project analytics
Cyber Security
Fallacy
Construction
Schedule Management Risk Management
Analytics
Integrating disparate data sources and Data-driven Exploiting structured and unstructured
applying analytics to proactively advanced data to provide early indicators of issues
anticipate and resolve productivity and project controls and risks, and implement timely
resourcing issues to avoid delays interventions
Note: Values included in the dashboard images are notional and for demo purposes only.
Note: Values included in the dashboard images are notional and for demo purposes only.
Note: Values included in the dashboard images are notional and for demo purposes only.
Note: Values included in the dashboard images are notional and for demo purposes only.
Note: Values included in the dashboard images are notional and for demo purposes only.
Minimized data calls Paper to digital Automation Aggregation Visualization Portfolio-Wide Insights
Using the dashboard The tool is able to The database is able The tool is able to Transferring hard data The tool enhances
tool, data calls will collect, read, and to automatically aggregate both and numbers into transparency for project
be minimized and analyze the paper- import data from all structured and useful and concise owners, producing
consistent reports based reports to input of the various unstructured data visuals, promoting reliable and insightful
will be generated the information into systems currently collected from the efficiency, insight, and metrics to analyze their
directly from the tool the database housing it disparate systems effectiveness full portfolio of projects
• Predict demand