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Figure 1 – Traditionally, decisions in construction industry are perception based rather than data-driven because data is not easily accessible. As a result, most projects run into same difficulties that were experienced in the past. This diagram illustrates how Nirmanith facilitates retrieval of historical project data in readily usable form through powerful search and reporting capability.
Make data-driven decisions with Nirmanith
Introduction
Even after computerizing most processes in construction projects, decision-making is often based on perception rather than on hard data. The personnel dependency is primarily because historical data is not available in a manner that can be readily used while making decisions.
Challenges to take data-driven decisions
Construction industry depends on the experience of people for leveraging information they have gained through past projects because the data volume, its varying formats and storage mechanisms make it difficult to readily use when needed.
For example while estimating a new project, it is important to identify similar projects so that estimate line items can be referenced. Despite archival of project artifacts, history information on final estimates, actual effort & cost is not easily accessible. In most of the projects, original estimates and bill of materials are not revised as and when changes take place across engineering, procurement and site office.
Nirmanith module view
Nirmanith offers seamless workflow across departments through the process of estimation, budgeting, specification, procurement and payment.
Another example is the process of tendering which needs a lot of information to make the right decision. Technical and commercial bids are evaluated based on specified criteria. In tenders, a comparative statement of bids is evaluated by the tender committee before winning bids are decided. Lack of accurate data with regard to past tender performances, reasonability of rates in the quotations and last accepted rate for similar type of tender can result in wrong decisions being taken during evaluation. Companies also struggle to cross check fairness of the evaluation done by the tender review committee.
Project decisions in the absence of supporting data will be influenced by human perception. As a result, projects run into the same difficulties experienced in the past.
Why managing risk is crucial?
Management needs to be informed on potential risks in timely manner to take appropriate actions. Companies face economic losses and lawsuit if potential risks are not addressed in time.
How do we address the challenge in Nirmanith?
Nirmanith enables enterprises to create, locate, manage, retrieve and disseminate data across projects. Throughout project execution & monitoring, Nirmanith has provision for recording quality reviews, inspections and also to revise the project related attributes such as estimates, costs, schedule, tender schedule etc. As part of project closure, project artifacts can be archived and metrics be analyzed. User interface to retrieve the historical data is supplemented with powerful search and reporting capability. This will help companies to make informed decisions faster.
During the estimation process, Nirmanith helps search for projects of similar type and extract required details such as final estimates, tender schedule, and actual costs incurred for quick reference. Rate analysis within Nirmanith allows engineer to pick up market standard rates from the repository and customize based on certain parameters such as site conditions. Any changes to the original estimates will be reflected back to ensure that historical data is reliable for making decisions.
In case of tendering, historical data can be used starting with validation of tender schedule line items. While sending the NIT (Notice Inviting Tender), Nirmanith can provide short-listed suppliers for each type of tender. Nirmanith helps the process of tender evaluation by enabling retrieval of data related to past tender performance; price quotes received for similar tenders and last accepted rates.
All through project execution & monitoring, Nirmanith provides for recording and revising data pertaining to quality reviews, inspections, estimates, costs, schedule and tenders. As part of project closure, project artifacts can be archived and metrics analyzed.
Stay "On-time, On-cost and On-spec"
Construction processes are still heavily reliant on human expertise and initiatives by individuals. Nirmanith offers web-based comprehensive platform to manage entire construction project better.
Simplifying construction management
The implementation of applications in construction companies has not factored in the need for integrated functioning of departments. This results in cost overruns, delays and quality issues.
Summary
While taking key decisions in construction projects, it’s vital to make use of lessons learnt from past mistakes. Through Nirman!T, we ensure to present historical project information in such a way that it can support decision makers.
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Nirmanith module view
Nirmanith offers seamless workflow across departments through the process of estimation, budgeting, specification, procurement and payment.
Why managing risk is crucial?
Management needs to be informed on potential risks in timely manner to take appropriate actions. Companies face economic losses and lawsuit if potential risks are not addressed in time.
Stay "On-time, On-cost and On-spec"
Construction processes are still heavily reliant on human expertise and initiatives by individuals. Nirmanith offers web-based comprehensive platform to manage entire construction project better.
