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Successful project outcomes matter to stakeholders. Discover how acquiring a P6 licence helps project teams to achieve this.
Planning and executing construction project requirements may not be as clear-cut, as each individual project has its unique challenges. A McKinsey study estimates that 98% of large construction projects deal with cost overruns of more than 30%. This has been attributed to poor cost estimates during the planning phase, design change requests, and payment delays.
The same study by McKinsey also states that 77% of construction projects are not completed on time, with uncontrollable extraneous variables affecting project completion. This includes unfavourable weather conditions, nationwide labour shortages, and equipment failures.
One of the most challenging issues in ensuring successful project outcomes is construction businesses that are hesitant to adopt new methodologies in construction project management. However, research shows that 77% of high-performing projects have been attributed to the use of technology such as project management software.
This is why construction businesses should embrace the use of technology to boost construction project management. In recent years, the Primavera P6 software has picked up popularity among construction firms and is an ideal choice for construction projects. There are many reasons why businesses should obtain a Primavera P6 licence. Let’s explore further.
Primavera facilitates accurate cost estimation, budgeting, and monitoring throughout the project lifecycle. By tracking expenses, forecasting costs, and generating detailed financial reports, construction project teams can maintain better control over project finances, preventing cost overruns, and maximising profitability.
P6 enables construction project teams to optimise resource allocation by providing comprehensive visibility into resource availability and utilisation. Project managers can easily assign resources to specific tasks, and track their usage in utilisation. This helps to avoid overloading or underutilised resources.
Collaboration is essential for successful construction project delivery, and Primavera P6 facilitates seamless communication and collaboration among project stakeholders. The software provides centralised access to project data, documents, and communication channels, enabling seamless collaboration.
Informed decision-making is crucial for navigating the complexities of construction projects. P6 provides project teams with the insights they need to make data-driven decisions. The software offers real-time visibility into project performance metrics, progress, and key milestones, to measure project health.
At Compass Consult, we’re committed to helping construction companies streamline their project management processes using the latest technologies and solutions such as Oracle Primavera P6.
We also offer expert-led training to assist project teams in ensuring project success and maximising returns. Contact us today and learn more about the Primavera P6 software and details on pricing. Our experts will help you improve your construction project outcomes with vital insights and specialist advice on the right Primavera P6 software that suits your project requirements.
“I got trained for Primavera P6 PPM through Compass Consult. Honestly, the things that got me in were their competitive pricing and payment plans in offer. The thing that I highly admire about the training is that it is a very practical, hands-on training wherein you can learn while working on your own project. The trainers are highly experienced and fundamentally strong. I would strongly recommend the training to someone who needs hands-on experience in P6.”
“We got our Primavera P6 EPPM software and Installation done through Compass Consult. The solution that was given was a good fit for our company size and compliant for the types of projects that we do. One thing that I admire a lot is the customer service team who were very quick in resolving any queries we had and gave us full clarity of the process. I recommend Compass Consult to any company looking for a genuine solution to their Project Management needs.”
“We found Compass Consult through an online search and got competitive pricing from them on Primavera P6 implementation and consultancy. We found their delivery team easy to deal with and it was a smooth process overall with a great hassle-free experience. I would highly recommend working with Compass Consult for setting up your project controls systems and processes.”
"Compass has bent over backwards to meet the needs of SRG Global. They have been patient as we went through the process of reviewing and approving the equipment. Equipment was then delivered promptly to the location we requested. The project does not start until the new year, but given the excellent service thus far, I am highly confident it will not have any issues with the network connectivity setup."
"The training session led by Sam was very interactive and informative. The sessions were easy to follow despite having no previous experience with P6. I enjoyed completing all the exercises used to help teach us the software's capabilities, and props for using relatable industry examples. Thanks for a great training session!"
Yes, P6 helps construction businesses maintain compliance with regulatory requirements and industry standards by providing documentation and audit trails to support project governance and accountability. By maintaining accurate records and documentation, P6 helps in demonstrating compliance, mitigating legal risks, and upholding industry standards, thereby enhancing project credibility and trustworthiness.
Absolutely, P6 facilitates effective cost management by allowing construction businesses to track project expenditures, analyse variances, and implement cost-saving measures. By providing visibility into project costs at every stage, P6 helps in staying within budget constraints and maintaining financial discipline throughout the project lifecycle.
Compass Consult is a globally recognized project portfolio management service provider. Our team comprises experienced civil engineers, risk management experts, and project controllers with outstanding track records for delivering exceptional project planning, earned value management, cost control, and schedule control services.
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