CONFIDENTIAL | 1

Featured Project:

Marina Bay Sands Casino Resort, Singapore

Connecting teams project-wide

Aconex Connected CostDrive Project Performance

Guy Barlow

Global Commercial Director

Aconex

20 November 2017

CONFIDENTIAL | 2

Current approaches are flawed, wasteful & not sustainable

“A 1% reduction in costs would save the construction industry approximately $100 billion annually”

•Average project cost overrun is 70%•Prices of construction projects have risen faster than the consumer price index

+70%

Increasing Overruns & Costs

•Share price drop of 12% after a significant negative project event •Infrastructure projects are more exposed to political & economic risks

-12%

Growing Risks

•Only 1% in productivity gains over 20 years

•Reasonable productivity growth could add $1.6T to the industry

+1%

StagnantProductivity

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RFIs Change Orders & Variations

Payment ApplicationsTransmittals & Doc Distribution

Checklists & Punch ListsBid & Tender Management

Inefficient & Broken Processes

Disconnected, substandard project controls leave youuncertain and exposed

InformationSilos

Poor/FailingPerformance

CAN’T make informed decisions or take action

➕ =Estimates

Budgets

Actuals

Commit-ments

Schedule

Contracts

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Collaboration drives productivity & efficiency

As organisations evolve and collaboration platforms are adopted, there is clear evidence that processes become more efficient.

• Reduced costs• Shorter time• Lower risk

Evolution of the ANZ and Asia region’s airport project network – 173 projects, 3,529 participating organisations and 5.2M mails. This graph demonstrates how RFI processes have improved over a 7 year period.

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Are you confident and in control?

5

• Capture all project processes?

• Is information credible?

• At the right level?

• Real-time?

5.4%of projects meet

“best in class” for cost and schedule

Source: “Correcting the Course of Capital Projects”, PwC, 2016

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Manage, measure & report on project performance with confidence

•Every project member connected through key processes

•Accessible from anywhere – the office or the field

•Easy to use, intuitive and dynamic

Project-wide Collaboration

1

•Line-of-sight into issues; red flags are raised early•Quickly build customizable reports•Measure performance at the project and portfolio level

Early Warnings & Predictive Insights

3

•Full cost capabilities – budgeting, forecasting, variance, payments, etc.

•Flexible contracts & change management processes

•Planning & scheduling integration

Integrated Cost Controls

2

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Owner

GC

Subcontractors

Suppliers

PROJECT-WIDE COLLABORATIONA complete view of cost across the value chain

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INTEGRATED PROJECT

CONTROLSPLATFORM

Roy Hill Mine| Newman, Australia| US$10 billion

Schedule Integration

CostManagement

Handover to O&M

Bids &Tenders

ConnectedBIM

Design Document Reviews

Inspections, Quality & Safety

Submittals & Transmittals

Shop Drawing Reviews

Daily Site Reports

Requests For Information

Construction

Process

Platform

Insights & Reporting

Workflow Management

CONFIDENTIAL | 9Roy Hill Mine| Newman, Australia| US$10 billion

EARLY WARNINGS & PREDICTIVE

INSIGHTS

Monitor & Manage

KPIs

Dynamic & Timely

Reporting

Discover & Action

Key Analytics

Configure & Rollout

Dashboards

CONFIDENTIAL | 10

10

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Every project member on a connected platform with a single view

Project-wide Collaboration

Line-of-sight into issues

Early Warnings & Predictive Insights

Unified project controls for a single view of project performance

Integrated Project Controls

Connected Cost: Measure performance with confidence A modern collaborative project controls solution integrating cost, schedule, contracts & project information portfolio-wide.

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✓ Contracts administration

✓ Payment applications✓ Change management✓ Month-end

coordination tools✓ Back-end integrations

Contract Management: Keep projects moving with a single view across all contracts

• Avoid disputes with streamlined subcontractor management

• Minimize month-end chaos

• Focus on strategic activities & productivity

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✓ Actuals & commitments✓ Approved &pending contract changes✓ ETC & EAC✓ Variance✓ Percent complete: schedule,

cost, hours

Budgeting & Forecasting: Minimize project delays and cost overruns

• A single view across budget, changes, cost, & schedule

• Forecast accurately with unified processes & captured change

• Avoid duplicate data with ERP integration

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✓ Progress tracking at any level of the WBS

✓ View current period, to date, & at completion

✓ Performance metrics, including earned value

Variance Analysis: Measure program performance with confidence

• Early warnings to fix problems before they get out of hand

• Identify red flags at any level of detail

• Configurable variance thresholds

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Reporting & dashboards:✓ Actuals, changes, commitments✓ Control accounts✓ Rules of credit✓ Time phased data✓ Variance

Reporting: Gain early visibility for better decision making

• Industry standard reports with user-defined parameters

• Create reports in minutes with the point-and-click builder

• Gain insights across cost, hours, variance, and progress

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1. Single source of the truth – reality sets in when it’s time to report out

2. Connect schedule and cost – without it, the true effect of change is impossible

3. Flexible and scalable systems – your projects and business will change over time

4. Effective change management – manage change, from initiation to resolution

5. Informed decision making – get the facts, real-time & take the time

5 Ways to Minimize Complexity

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Featured Project:

Marina Bay Sands Casino Resort, Singapore

Connecting teams project-wide

Thank you.