Since 2000, Thinkproject have helped their customers deliver more than 75,000 projects, achieving the fastest payback period in the sector. We recently spoke with Alex Mathieson, Regional Manager UK & Ireland, Thinkproject to get his insight into how they are creating a gold standard for industry digitalisation.
What are the challenges faced by Thinkproject customers and how are you addressing this with your unique solutions?
Our customers face many challenges when it comes to construction within the Architecture, Engineering, Construction and Operations (AECO) sector. Project teams are under constant pressure to deliver on time, on budget and are held to a high standard of health and safety and sustainability. With so many factors at play, the data generated and the amount of people involved, quickly adds up. With Thinkproject, data such as contracts, documents, drawings, strategic assets, minutes and communication can be stored and controlled using automation, alleviating costly errors and giving our customers better insights into their projects.
How can the right levels of insight and expertise elevate projects to a higher level of sustainability and efficiency?
Construction projects are very complex with a growing number of stakeholders being involved and the amount of data that need to be managed across systems, people and processes continuously growing. Thinkproject products turn intelligence from data and people into an indispensable asset that helps to increase the performance of construction projects and manage them sustainably.
As the information in construction projects comes in a variety of different formats, from drawings and documents to BIM models, data need to be managed in a central repository to ascertain that data are complete, correct, consistent and most up-to-date – both on process and project level. That facilitates the seamless collaboration and decision-taking, ensures the quality outcome and increases efficiency through avoiding rework or eliminating duplicate work. Having the right data at hand also reduces risk and errors, increasing productivity by saving time and money.
Digitising manual, paper-based work significantly contributes to saving paper, trees and water while at the same time improving project performance and efficiency. Increasing the lifecycle of your assets by managing and maintaining them in a single source of truth further contributes to higher sustainability in terms of saving materials, energy, water and more. Thinkproject’s software solutions like the Common Data Environment CONCLUDE or our contract management solution CEMAR not only contribute to the emerging building being sustainable but also the process of plan, build and operate being a more sustainable process by saving resources and preventing waste.
Data is a crucial asset during any construction project. Leveraging data and turning it into intelligence through the design, plan, build and operate phase is where our software solutions help to increase the overall performance of a construction project.
That combined with Thinkproject’s more than 20 years of experience in the AECO industry and our expertise from more than 75,000 projects is what takes your project to a higher level.
Moreover, through analysing collected data, our customers can learn from past projects and see the trends that can ultimately save them time and money. With analysis it is possible to predict the costs of new projects and have better accuracy around resources, leading to greener construction with less materials wasted.
How do you drive progress in the industry by accelerating collaboration and innovation, creating a gold standard for industry digitalisation?
Our solutions are created with collaboration in mind, they are available to bridge the gap between all project participants, from Project Managers and Stakeholders through to the supply chain. Our solutions offer a neutral overview of projects with visibility over the chain of communication. The digitalisation Thinkproject provides, means teams are freed from laborious administration and are free to focus on what is important, such as innovation and easy collaboration
What are some of the unique solutions and services that are available from Thinkproject?
Firstly, we have CEMAR which simplifies the management of sophisticated contracts while also reducing commercial risk through contract compliance.
CEMAR is a market-leading solution built around events and combines industry-leading knowledge and expertise to make sophisticated contract management simple. It is a secure, easy to implement system which brings compliance, consistency, governance and business intelligence to the management works and service.
Users greatly benefit from the constant evolution of our system which includes powerful analytics, governance capabilities and flexible workflows, and more.
My team is proud to give time back to all project professionals. We are passionate about helping them expand all their working energies on their profession, rather than on contract administration.
What about CDE? What does that stand for and why is it important?
Well, CONCLUDE CDE is a Common Data Environment designed to meet the needs of the AECO industry by providing a single, central space where project managers, general contractors, asset owners, project developers and other stakeholders can manage the massive amount of data created over a project life-cycle. This ranges from drawings to documents to tasks and costs – to maximize efficiency and control of project performance.
With its ready-to-use, practice-proven and fully integrated module suite, CONCLUDE CDE provides all the essentials needed to standardise projects and program management, making success easily repeatable thanks to the powerful work-flows that help automate project procedures and effectively connect teams. Integrated budget and cost control helps to generate real-time insights and measure performance to promote overall project efficiency.
You can download our booklet to learn more on the benefits of a CDE and how to get the most out of it.
The AECO industry has long been facing pressure to deliver and build assets better, quicker, and at a lower cost. To achieve this, reliable frameworks and standardised approaches are needed to deliver projects and entire programs on a repeatable basis. The availability of reliable information as well as the ability to manage teams and stakeholders efficiently are crucial.
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