AVOIDING REWORK IN CAPITAL CONSTRUCTION
On average, 12% of a capital construction project’s total valuation goes to rework,[1] on a global scale. Contractors pour nearly $180 billion every year into rework and other avoidable tasks that fail to move work forward.[2] For decades, contractors have tried to hone their operations, improve their communication, and refine their documentation to minimize rework’s impact, but find themselves limited by the traditional tools and methodologies at their disposal. As a result, they continue to face the same disappointing outcomes year after year.
$180b
Contractors pour nearly $180 billion every year into rework and other avoidable tasks that fail to move the project forward
12% of a capital construction project's total valuation goes to rework
$88b
$88 billion out of $180 billion total accounts for bad data — incomplete, inaccurate, and out-of-date information
So, what’s behind the $180 billion problem of rework? Bad data — incomplete, inaccurate, and out-of-date information — accounts for at least $88 billion of that total.[3] Capital construction projects generate hundreds of thousands of documents — documents that must be tagged, organized, distributed, reviewed, revised, approved, and handed off throughout the project timeline. Delayed approvals, lost documents, and project disputes drain valuable resources and make future rework more likely. Each of those challenges can be resolved through robust document controls, and yet, organizations continue to underestimate its strategic potential. With its complexity and ongoing regulation, capital construction needs more capabilities, scalability, and flexibility than other industries. Unfortunately, most familiar document control solutions
only address a small subset of the industry’s challenges. A reliable and accessible repository for housing digital assets is the table stakes. Next-generation document control streamlines document management and document-related workflows so that teams can find what they need efficiently, scale effectively, navigate conflicts, and simplify their workflows.
Be it in-field tasks or off-site administration, improved document control increases the likelihood that contributors get their tasks right the first time. The opportunity to clean up scattered data management and review processes can help contractors protect their profits, connect their teams, and ensure project certainty.
“We were anticipating around 50,000 technical drawings, but ended up with 67,000. There was no way to handle that volume without some kind of document control solution.”
-Ransom Blevins, Deputy Site Construction Manager, Heidelberg Materials
WHAT CAN MODERN DOCUMENT CONTROL DO FOR CAPITAL CONSTRUCTION?
Project teams for capital construction pursuits should insist that their document control solution keeps up with their complex work.
ACTIVELY KEEP WORK MOVING AND ENSURE ACCURATE INFORMATION.
Don’t settle for an organized repository – look for a document control solution that ensures progress and accuracy.
SCALE IN BOTH VOLUME AND FILE SIZE.
The last thing you need is a solution that struggles to meet the demands of a complex project.
DELIVER ADAPTABLE WORKFLOWS AND PROCESSES.
You’ll need your workflow to match your project’s unique operating model.
BOOST THE ORGANIZATION’S DATA MATURITY.
The value of good document control goes beyond a single pursuit; support process improvements from project to project.