TECHNOLO Selecting the “Best” Technology for Your Team ONE OF THE GREATEST CHALLENGES DELIVERING LARGE CAPITAL PROJECTS IS COMMUNICATION. MISCOMMUNICATION, MISSED CONNECTIONS, OR MISUNDERSTANDING OF PROJECT DATA AND REQUIREMENTS PRODUCE BILLIONS IN PROJECT COST OVERRUNS AND SCHEDULE DELAYS EVERY YEAR.
1. “WHAT ARE THE CURRENT CHALLENGES WE EXPECT THIS TECHNOLOGY TO RESOLVE?” Statements like “Technology makes us more efficient” or “I want more access to project data” aren’t problems. Rather than viewing technology as a ‘bolt-on’ solution to existing culture and process, take a harder look at the standard project delivery requirements
IT WOULD BE IMPOSSIBLE TO RECOMMEND A SINGLE PROJECT COLLABORATION SOFTWARE THAT IS IDEAL FOR ANY SCENARIO, ESPECIALLY IN SUCH A FRAGMENTED INDUSTRY LIKE CONSTRUCTION. BEFORE INVESTING FINANCIAL AND HUMAN CAPITAL INTO OVERHAULING YOUR PROJECT ‘TECHNOLOGY STACK’, GATHER IMPACTED STAKEHOLDERS TOGETHER TO DISCUSS THESE CRUCIAL QUESTIONS AS A TEAM.
Partnering Magazine Spring 2019
and identify where current requirements are causing more burden than benefit. Investing in digital technology and collaboration platforms today should be looked at more like a life insurance policy and less like a hot stock tip. When looking to justify new technology, fight the Return on Investment (ROI) hype by defining a separate measurement for Potential Risk Impact (PRI). While both ROI and