OpenText Capital Projects

Capture, track, and manage all content related to your capital projects

Managing the flow of information and the complexity of large capital projects can be a daunting task. Capital projects have tens of thousands of documents and assets associated with them, including hundreds of contracts. Infrastructure investments such as buildings, bridges, power plants and oil refineries have lifecycles that span decades, creating significant data challenges for their owners and operators.

Organizations with a methodology to track, capture and manage the flow of information are better able to reduce risks and avoid unnecessary expenditures. A robust information management protocol prevents the last minute scrambles to locate or recreate information when the project moves from the construction to the acceptance phase.

OpenText Capital Projects enables the various stakeholders such as project teams, engineering, procurement, & construction (EPC) contractors and vendors to communicate and collaborate easily throughout the construction process lifecycle. It captures all the right asset information and ensures it is available and manageable from one focal point. Managers at all levels who have accurate asset information and knowledge in hand can be proactive and efficient in their decision-making. The linkage between assets and information enables greater control, particularly when managing the regulatory reviews and safety approvals that occur during the project acceptance phase.

Benefits

  • Enables visibility into business processes
  • Provides checks and balances for information, tasks, and expectations
  • Ensures smooth management of information
  • Reduces risk to project budget and schedule
  • Achieves full operational readiness prior to facility startup
  • Ensures the supply chain is in place to support startup operations and maintenance
  • Minimizes time to full production
  • Minimizes wasted effort for managing information, communicating or collaborating, and transferring the right information to operations

Features

Click each of the following features to learn more about OpenText Capital Project's key capabilities:

  • Complete view of asset information: OpenText Capital Projects provides a complete view of all asset information throughout your capital projects, shut-down turn-around activities, and operations and maintenance. The solution reduces the capital project timeline and costs while ensuring efficient plant startup by enabling EPC commissioning, operations, maintenance, and reliability processes.
  • Manage contracts with ease: OpenText Capital Projects leverages powerful contract management functionality for managing requests for information (RFI), requests for proposal (RFP), and contracts throughout the entire life of the facility.
  • Simplified access and management of engineering documents: Architects, designers, engineers, contractors, suppliers and manufacturers must coordinate their efforts across disparate locations and diverse technologies. OpenText helps companies to integrate all documents, in all file formats, into their established work processes and to make these documents available whenever they are required. With OpenText Capital Projects, engineering and construction professionals can have a single, authoritative repository for storing and organizing electronic documents and leverage powerful tools that encourage collaboration amongst all parties involved.
  • Controlled revision tracking: OpenText Capital Projects enables companies to manage the request and creation of new controlled documents, manage the request and creation of new revisions, and enable concurrent revisioning of controlled documents. With Capital Projects you can manage the as-built process for creating new documents of record, track and notify all active stakeholders of changes in document status, and provide a consolidated revision history of controlled documents.
  • Manage cost control: OpenText Capital Project's vendor invoice management functionality is integrated with SAP, ensuring automated processes to manage cost control.
  • Ensure compliance: Leverage the solution's records management features for compliance and protection against lost records for future discovery uses.
  • Instant access to supplier information: OpenText Capital Projects provides timely and cost-effective access to supplier information through integration with OpenText, NRX, and SAP’s MDM, which opens a world of possibilities, drawing together a tighter collaboration between owner/operators, EPC business processes, and vendors.
  • Integration with project management applications: OpenText Capital Projects provides integration with most Project Management software applications to limit information loss.