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1 Featured Project: The Wroclaw West Bypass, Poland Trusted by the world’s largest projects Cutting Approval Cycles From 30 Days to Ten With

Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Page 1: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

1

Featured Project:The Wroclaw West Bypass, Poland

Trusted by the world’s largest projects

Cutting Approval Cycles From 30 Days to Ten

With

Page 2: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Agenda

Introduction

Industry Success

Platform Demo

Q&A

Luigi Chiolini, Boston Consulting Group

Victoria Stanford, Nalcor Energy

Steve Wilson, Aconex

Page 3: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Industry landscape

• Large, geographically dispersed project teams• Increased demand for visibility and reporting• Efficiency to maintain competitiveness• Time is money

Page 4: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Project complexityProject-wide network of a major global engineering firm

• Long tail of communication that is not often visible to key stakeholders including the owner or JV partner

• Dispersed teams

• Multiple project phases, each with critical information hand-offs

• Huge margin for error

• Significant inherent inefficiency

* Data from the Aconex system

Page 5: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Boston Consulting Groupprocess presentation

This was a 15-minute BCG presentationView the complete webinar at aconex.com/Webinars

Page 6: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Victoria StanfordInformation Management

“We make a strong commitment to provide safe, reliable and dependable electricity…”

Page 7: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Key workflow process challenges

• Cross-organization communication and visibility

• Volume of information and revisions

• Ensuring final docs and drawings move on to handover

Page 8: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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The magnitude of power projects

* Data based on power projects that Aconex has been involved in globally.

616,932 mails 166 organizations 6 countries

547,118 documents 2,807 users 2,256,282 decisions

Page 9: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Improving Nalcor delivery and business outcomes

• Company-wide approach

• Process definition and improvement

• Using technology to support Nalcor corporate initiatives

Page 10: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Design review for RFP creation in the past • One reviewer at a time in a dedicated room • Multiple disciplines - civil, electric and

mechanical

• Mark ups on hard copy drawing

• Delayed RFP over a month

• Delayed contracting

• Delayed construction

Page 11: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Design review for RFP creation with Aconex • Simultaneous reviews by multiple disciplines

• 2 week turnaround on design reviews

• RFPs completed and sent out on time

• Contracts in place on time

• Work starts on schedule

Page 12: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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How Nalcor is using Aconex

Goal: build and improve business processes

• Speed up approval cycles: RFIs, Submittals, Changes

• Efficiently communicate with subs and suppliers

• Improve document accessibility and transmission

Page 13: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Aconex = transparency and accountability

• Transparency means having information and data available

• Accountability is taking responsibility and recognizing the decisions and actions taken by the company.

• Aconex helps support transparency and accountability

Nalcor is committed to being open, transparent and accountable across its operations.

Page 14: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Projects like Lower Churchill need collaboration to reduce risk and deliver long-term benefits

$6.2 billion government

infrastructureFederal

government compliance

Over 300 internal project team members

100+ year asset

lifetime

Significant employment and

economic benefit

Joint venture

agreement

Thousands of document reviews

Page 15: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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AUTOMATED

WORKFLOWSCENTRALIZED

PLATFORM

A project-wide solution helps to standardize processes and embed best practice

INFORMATION ACCESS

Documents available immediately without delay or expense of print and send

Real time visibilityand status reporting

Easy to set up and automate

Smoother document reviewwith process and information tracking

Complete document oversight

Deep collaborationand accuracy across multiple organizations

Manage governance and risk within complex business agreements

Iron clad audit trailPermission and access controls

Page 16: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Withou

t Acon

ex

With Ac

onex

0

10

20

3030

10

Technical document review process (days)

Improved workflow

turnaroundFaster

document control

Transmittal issue times

48X FASTER

Delivering measurable value and ROI gains across the project

Without Aconex

With Aconex

$2m cost avoidance

Reduced IT infrastructur

e costs

$Cloud-based software

Page 17: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Aconex collaboration Save money, increase productivity. Manage project risk.

Cloud & Mobile

Information & Process

Management

Engineering & Construction

Project-Wide

Across the Project Lifecycle

Plan Design Construct OperateBid

OperatorSub-contractorsContractorConsultantsOwner EPC Designer

Page 18: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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One integrated collaboration platform for project information and process

Owner

EPC Designer

Consultants

Contractor Subcontractors

Client Service & Support

Web Mobile APIs

Information & Process Management

Platform

Document Management

3D Modeling Field InspectionsCorrespondence Registers Bidding &

TendersWorkflows O&M / Deliverables Site Mobility

Network Integration API Reporting & SearchInfrastructure 2D & 3D Viewer Archiving

Operator

Page 19: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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RFIs – limited accountability, visibility and tracking

TIME

Incomplete & Inefficient

information capture

Limited accountability &

visibility

Manual tracking, Reporting &

Auditing

RFI raised by initiator and emailed to Responder

Review content, returns if

incomplete

SME Input entered and

returned

Response created and

returned. SME Input reviewed

Action Taken

Update of RFI / TQ Log

Decides is Subject Matter Expert input is

required

Creation of / addition to RFI /

TQ Log

Page 20: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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RFIs with Aconex: control, structure and visibility

Greater process control and structure Team wide

visibilityTrusted Delivery

RFI raised by initiator and

mailed to Responder

Review content, returns if

incomplete

SME Input entered

and returned

Response created and

returned. SME input reviewed.

Action Taken

Decides is Subject Matter Expert input is

required

TIME

Typical cycle time reduction from 5 to 2 days

Page 21: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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TIME

Complete information

capture

Project wide visibility

REQUESTOR:

Creates and issues with Mail

Forms

APPROVER:

Reviews,

responds

REQUESTOR:

Reviews response

APPROVER:

Receives, approves

REQUESTOR:

Proceeds with

changes

Issues follow-

up docume

nts

Process Tracking & reporting

Complete audit trail

Prepares Impact

Assessment

Change Requests with Aconex: fast, complete information capture

TIME

FUNCTIONAL LEAD:Reviews

Typical cycle time reduction from 7 weeks

to 1 week

Page 22: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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The world’s most widely-used collaboration platform for engineering & construction

500thousandusers worldwide

$800billionin projects

1.1billiondocuments

48thousand

companies served

70countriesaround the world

40offices

globally

RTD Chiyodo BG Group

Tanker Pacific Leighton Welspun Bilfinger

New York City Hall Reconstruction | $100M

Dubai Metro | $7.8B Sydney Opera House Renovation

Panama Canal Expansion | $3.2B

University of Montreal Hospital | $390M

Denver Airport | $544M

Page 23: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Aconex: reducing approval cycle time This was a 20-minute platform demo in the live webinarTo request a personal demo: aconex.com/Demo

• Overview• RFIs• Submittals• Design reviews

Page 24: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Process improvement with AconexAconex Professional Services

Delivering value through customer engagements

• Process Discovery Workshop

• Process Mapping & Assessment

• Enterprise Deployment Standards

Page 25: Cutting Approval Cycles from 30 Days to Ten - Webinar, September 29, 2015

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Featured Project:The Wroclaw West Bypass, Poland

Trusted by the world’s largest projects

Learn more at aconex.com/Demo

With thanks to our participants from &