Construction projects are inherently complex as they involve many different companies collaborating together on the design and construction of a physical asset. These company teams produce a wide range of documents, including CAD drawings, engineering documents, specifications, cost breakdowns, tender and bid packages, which are used to make critical decisions during the design, engineering and build phases of a project. Many companies struggle to manage this volume of information over the lifecycle of a project. It is often unclear if a drawing is the most up-to-date version or if all reviewer comments have been included. Acting on the wrong information or wasting time tracking down correct information can have costly implications.

The problem multiplies in construction projects due to the complexity of the supply chain. With many companies involved - contractors, subcontractors, designers, architects, engineers, project managers and other specialists, reliable and accurate flow of information becomes a real challenge.

Benefits:

• Faster completion times for key business processes such as document transmittals, approvals and change requests 
• Improved program / portfolio management supports strategic decision-making through issue tracking, schedule tracking, trend analysis, over/under budget analysis, cash-flow and exception reporting
• Significantly fewer errors by ensuring that the latest released or in-work documents are always available. The majority of errors on construction projects stem from use of out- of- date documents 
• More transparency across the supply chain, with a detailed enterprise project audit trail of all actions performed by users, makes it easier to resolve disputes on the project 
• Lower overall project costs, as there is less re-work to carry out due to people having used incorrect information 
• Improved risk- management as it becomes much easier to see a snapshot of the status of outstanding actions on the project
• A managed and controlled handover of all the required documentation, for either the asset owner or to the organization responsible for operations and maintenance.