February 13th, 2019

Is your project software ecosystem designed to tackle today’s complexity and deliver required financial and business returns?

Chances are, you use a tangled web of in-house developed tools, commercial software, and Excel spreadsheets to run your projects. But is this siloed and disjointed approach the best way to succeed?
Now imagine a singular portfolio and project management environment, seamlessly integrating data between different disciplines, standardizing processes across your enterprise, and providing crystal clear visibility into the performance of every project, in real time. What kind of impact do you think this kind of strategic solution would have on your returns or margins?

Just like an ERP system delivers a singular view of your organization’s financial performance, Enterprise Project Performance (EPP) delivers the same for the entire lifecycle of your capital projects. Hexagon’s Enterprise Project Performance strategy drives superior efficiency, predictability, and control across your project ecosystem – resulting in reduced project costs, improved schedules, and more empowered business decisions.

 

Transcript

Consistently delivering project success across an organization is incredibly challenging. Between today’s complexity, siloed information, and disjointed processes and systems, organizations are far more likely to experience project failure.

So how do you cultivate scalable project success across the enterprise, where not only is the next project a winner, but so are the next hundred, or the next thousand?

An Enterprise Project Performance solution from Hexagon is designed to vastly improve efficiency, predictability and control across all of your projects. It broadens your perspective since “on time and on budget” is no longer the only benchmark for success. Ensuring that the projects in your portfolios are delivering well-defined business and financial goals is the most critical success factor.

Enterprise Project Performance maximizes margins for contractors and returns for project owners and agencies by reducing project costs, cutting related IT and PMO costs, and achieving greater strategic alignment in project selection.

But most organizations are dealing with a severely fractured environment of project systems – riddled with an unhealthy dose of Excel – that reduces efficiency, limits visibility, and inhibits standardization.

Compare this to your company’s ERP system. Driven by governance and compliance, the ERP provides a singular view of financial performance. Imagine the same clarity for your projects ecosystem! The answer is a two-enterprise system solution: the ERP and the EPP, the Enterprise Project Performance platform. They run in parallel, seamlessly and automatically exchanging mission-critical data, elevating the importance of accurate forward-looking data way beyond that of commoditized backward-looking data in the ERP.

The EPP then creates a singular management platform for the full project lifecycle – spanning Project Portfolio Management, Project Controls and Contract Management – effectively combining native data with that from any number of external sources.
The result? A simplified, integrated home for standardized processes, real-time analytics, improved decision making, and optimized resources.

Projects are a vital economic engine for your organization. They deserve the same seriousness as an ERP provides. To do otherwise is to leave success on the table.

So, are you ready to lead the charge to create the EPP mandate in your company?

Contact Hexagon today about an Enterprise Project Performance approach for your organization.