Issue link: https://read.uberflip.com/i/1488703
Continuous improvement is a key driver for scaling your capital portfolio. As an owner, you want to leverage the latest software technologies that enable and support future growth. This document will walk you through the five critical warning signs indicating that the technology you are using to run your capital programs is not capable of taking you where you need to go a year or even five or ten years down the road. The signs are as follows: Technology is a critical element for a successful capital program management strategy. However, as the competitive landscape intensifies and the pace of change accelerates, many legacy technology solutions in the market today, along with the myriad of gap solutions, will be unable to meet the needs of owners seeking competitive advantage through agility and the adoption of lean practices. To remain up-to-date, owner organizations have invested in newer, out-of-the-box offerings designed to modernize how funding, scheduling, budgeting, payments, reporting, etc. are managed. However, the practice of continually purchasing new software to replace old software can be costly, cumbersome, and time-intensive to implement. Moreover, you will still be stuck managing numerous, disparate tools to effectively run your capital programs. Fortunately, you can choose a better way to assure future-readiness: invest in a project management information system (PMIS) that facilitates effective, efficient growth. Difficulty for Users Lack of Flexibility and Agility Scaling is Challenging, Costly and Time Consuming Insufficient Security Compliance and Controls Too Many Tools 1. 2. 3. 4. 5. www.kahua.com | connect@kahua.com The Future Holds Promise for Owners Who Have a Digital Advantage Five Signs Your Boat is Leaking "Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks." Warren Buffett