Imagine a world where everyone is on the same page? A world where turnover is done at the end of the project? OCIP and CIP closed out? This is the world we have created! #jointherevolution!
Transforming Construction with Knowledge Management
1. The Key Performance Indicators Of
Construction And How We Help
Owners And Project Teams Avoid
Document Disaster.
2. THE SEVEN KEY PERFORMANCE
INDICATORS OF CONSTRUCTION.
▪ Problems Discovered in Construction Documentation
▪ Logging RFI’s & Responses
▪ Documenting Change Orders
▪ Updating the Project Schedule
▪ Software for Safety & Inspections
▪ Labor Productivity
▪ Quality & Closeout
▪ ROI
▪ Conclusion
Data Supplied By: Dodge Data & Analytics
3. No. 1 | Problems Discovered In Construction Documents
• 54% on over 50% of projects capture errors omission and constructability issues
discovered during the bid set of construction documents. (55% of those capturing are GC/CMs
Trades 36%)
• Only 47% of respondents frequently compare errors, omissions and constructability
issues in construction to past projects.
Data Supplied By: Dodge Data & Analytics.
The MySmartPlans platform addresses this issue with our intuitive
dashboard along with our Project Information Managers that are
assigned to every project that take the burden of the Quality Control,
Quality Assurance and Quality Enhancement of the Bid Set prior to the
bid thus creating a lessor chance of unwanted Change Orders.
4. No. 2 | Logging RFIs & Responses
• 73% of GC CMs frequently create a log of RFIs and responses (Only 30% are comparing their
historical data)
Data Supplied By: Dodge Data & Analytics.
The MySmartPlans platform addresses this issue with our SubmittalEZ
module that tracks all RFI’s and Responses for the project and for the
project archive and closeout documentation.
5. No. 3 | Documenting Change Orders
• 72% Capture the root cause of a change order.
• 47% Capture start, finish, and turnaround times.
• 64% evaluate schedule impact of change orders.
Data Supplied By: Dodge Data & Analytics.
The MySmartPlans platform addresses this issue with our Project
Information Managers gathering all the supporting documentation from
the contractor's systems generating the information and cross-checking
meeting minutes and other supporting documentation for the
authorizing authority.
6. No. 4 | Updating the Project Schedule
• 42% of GC CMs that responded reported that they update schedules daily or weekly. (Of
that percentage, 20% said that they update the within 1-2 days of becoming aware of a situation requiring
schedule modification. This number is extremely low considering the importance of capturing schedule changes
in a timely manner allowing for a clearer understanding of the status of the project.)
• 52% of GC CMs that responded indicate using overall look ahead schedules on more
that half their projects.
• 66% of general contractors are carrying added cost from overtime/second shifts and
50% needing to extend the project end date.
Data Supplied By: Dodge Data & Analytics.
The MySmartPlans dashboard schedule button allows all stakeholders from the owner to subcontractor to view
and make timely decisions. (i.e. interest cost for owners and and the subcontractor to reposition his workforce that helps eliminate
wasted man hours).
7. No. 5 | Software For Safety & Inspections
• 53% of large general contractors are utilizing software to manage safety and inspections
on at least half their projects. (19% of trades contractors use the software)
• 60% of general contractors and trades feel using software to manage safety and
inspections during construction of high value to the project.
Data Supplied By: Dodge Data & Analytics.
The MySmartPlans platform addresses this issue with our safety button
on our dashboard to launch the software of choice. Our safety module
allows for the MSDS Safety Data Sheets to be easily assessable for trades
or OSHA inspectors via the dashboard.
8. No. 6| Labor Productivity
• 68% or general contractors point to poor schedule management.
• 60% of respondents say poor coordination and communications.
Data Supplied By: Dodge Data & Analytics.
The MySmartPlans platform addresses this issue with our meeting
minutes module, schedule module and SubmittalEZ module on the
dashboard that our Project Information Managers maintains and
distributes.
9. No. 7| Quality & Closeout
• 68% or general contractors reported experience problems of getting off the job on at
least 25% of their projects.
• 60% say it has a high to very high impact on their profitability.
Data Supplied By: Dodge Data & Analytics.
The MySmartPlans team has been organizing, collecting, linking of all the
project data, including quality inspection data, punch list data day one.
The MySmartPlans closeout module is searchable and guaranteed for 50
years of data retrieval giving the owner peace of mind of having all his
data to run the lifecycle of his facility.
10. ROI
▪ Construction Project Cost $100 Million
1. United State Army Corps of Engineers 5.7% $ 5,700,000.00
2. General Contractor, General Conditions 3.9% $ 3,900,000.00
▪ Data Supplied By: United States Inspector General | Dodge Data & Analytics
▪ MySmartPlans fee for the project lifecycle 0.05% $ 500,000.00
On Government Projects 19.2 to 1
On Non-Government Projects 7.8 to 1
11. CONCLUSION
▪ MySmartPlans was created to help Owners, AE, GC and Subcontractors
be on the same page at the same time thus allowing all stakeholders to
enjoy the fruits their labor.
▪ The MySmartPlans Project Information Manager takes the burden of
document controls off the team and allows the team members to do
their core competency of work.
▪ The MySmartPlans Closeout Module then allows the Facilities Manager
and Staff to do their jobs with a QR code on their door frame to retrieve
the project data.
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