Management of Capital Projects and Transmittals
Improve project visibility and control to drive efficiency and control costs
Contact us
Overview
Asset-intensive industries, such as Oil & Gas, Utilities, Chemicals and Metals and Mining, are under pressure to deliver capital projects on time and on budget. These large-scale projects require tightly coordinated planning, decision making, resources and execution, but are hindered by fragmented workflows, limited document visibility and growing supplier complexity. Management of Capital Products and Transmittals solutions improve collaboration, communication and information exchange to mitigate risk, drive accountability and reduce delays.
Key benefits
Impact business and achieve better results.
-
Keep costs in check
Gain insights into the status of deliverables, project progression and changes to schedule and scope to minimize costly delays.
-
Drive accountability
Streamline process reviews, handovers and approvals to gain quality control across contractors, engineering, suppliers, vendors and other third parties.
-
Accelerate time-to-milestone completion
Improve information exchange and collaboration, within projects and during handover, to boost project team agility and productivity and reach milestones faster.
-
Enhance informed decisions
Ensure key stakeholders have visibility and fast access to a single source of accurate project documentation.
-
Reduce risk
Maintain compliance with complex and shifting requirements tied to environment, health and safety, permitting and licensing standards.
Business impacts
-
Document control
Stakeholders in capital projects need to create, manage, review and approve documentation across the project lifecycle. Fragmented workflows make document control difficult. Streamline document creation, management and distribution. -
Milestone tracking
Engineers and others need to track deliverables and milestones. Progress is often tracked across multiple systems that lack real-time visibility into design and development status and contractual standards. Enable real-time milestone tracking.
-
Stakeholder collaboration
Capital projects generate high volumes of unstructured documents that need to be shared internally and externally. Legacy systems do not provide an efficient way to exchange information, hampering collaboration. Simplify information exchange. -
Reviews and approvals
New or changed project information, such as technical drawings, must go through quality control. Email or other unstructured workflows make it hard to track status and revisions. Streamline document review and approval processes.
-
Siloed documentation
Asset-intensive industries need a full audit trail of documentation. Engineering information is siloed and unorganized, making it hard to access and keep up to date. Integrate engineering information with other content for a single source of truth.
Leaders trust OpenText
See how customers are succeeding with Management of Capital Projects and Transmittals.
See more success stories
Explore the components of the solution
Products
Solve Management of Capital Projects and Transmittals challenges with OpenText.
- OpenText™ Extended ECM for EngineeringEfficiently control engineering information, work processes and risk
Professional Services
OpenText Consulting Services combines end-to-end solution implementation with comprehensive technology services to help improve systems.
- Accelerate the Information Management journeyConsulting Services
- Comprehensive Information Management services and resourcesExplore Professional Services
- Reduce time-to-value of Information Management solutionsPackaged Services
Management of Capital Projects and Transmittals resources
OpenText Extended ECM for Engineering
Read the position paper
