As the construction industry evolves, three main drivers
determine the outcome of any program: governance,
technology, and people. Each goes hand in hand, and
without the support and evolution of all three, the lack
of transparency, lack of productivity, and probability of
increased risk will continue to plague capital programs
of all sizes.
It all starts with governance. Organizations must define
clear business strategies and align them with
processes and controls. Only then will each constituent
involved in a program have clear and defined guidelines
to follow.
Following governance and controls are people directly
within your organization and those key to the success
of any program, including designers, architects,
engineers, and contractors. In today's world, with new
and evolving technology and an understanding of how
COVID has changed how we work, owners must adapt
and empower teams to collaborate, feel empowered,
and contribute to the process.
Then there is technology. The right technology platform
that conforms to your governance—controls and
business strategies—will increase transparency,
increase productivity, and decrease risk. However,
if it was really that easy, why is the industry still falling
behind with that "easy button"—push one button -
real-time Program Management Information
Solution (PMIS)?
