The management of drawings, contracts, correspondence and other documentation is critical to the success of any modern construction and engineering project. Such documentation must be managed consistently across all phases of the full asset lifecycle.

Success depends on controlling and sharing the correct versions of content while following the set processes with partners throughout all phases of the project.

The greatest capital expenditure occurs during the design and construction phase of the project. This involves the largest number of participating organisations and is when the most significant changes take place. Effective content management is critical to ensure efficiency. Contractors face increased build complexity, more dispersed and numerous project teams, and more severely punitive penalty clauses.

Asset owners are also under pressure to extract greater value from assets while reducing operational and capital expenditure. This process is vital both during the construction phase and when assets undergo periodic renovation or are reconfigured, extended or decommissioned.

• BuildOnline and Collaboration workspace (CW) provide secure, online environments. They deliver document management and collaboration capabilities for complex, large-scale and enterprise wide projects. Globally dispersed project teams from many different organisations can share and collaborate on documents as well as participate in optimal business processes, regardless of their location or time zone.

• Paragon is the leading owner-focused cost control system for construction and engineering programmes available as Software as a Service (SaaS). Paragon's capabilities include funding management, project cost control management, schedule adherence and communications. Read more

Coming Soon! FusionLive, the next generation of cloud based document collaboration