Reimagining Capital Projects: Podcast Series
Welcome to our podcast series on Reimagining Capital Projects, where we explore how technology and innovation is changing capital projects and the wider infrastructure industry.
Transformation of capital projects through the use of digital technologies
For decades the capital projects industry has been delivering some of the most important and iconic projects of our time; however, true digital enablement and project intelligence remains out of reach. It’s time to move into a new era of capital project delivery; one which utilises the latest advances in digital technology and harnesses the power of cutting edge analytics to delivery real value, confidence and control for our clients.
This is reimagining construction.
We understand how to generate business value from technology. Value creation requires integration and business transformation, from early stage project investment strategy, through project delivery, and onward to handover, commissioning and operation. We can instil confidence through the bespoke selection and integration of digital technologies and enhanced data analytics to bring powerful insights and control.
We take a holistic view of our clients data to identify those key integration points that will deliver real business value and develop applications to make this insight accessible to the people who need it. Typically this would include making connections between asset data, project controls systems and new data sources available from field technologies: for example, combining a BIM / GIS digital asset database, schedule data and GPS site data feeds we have created a combined planning tool that can propel the resource management of critical construction projects into the digital age.
A static schedule with thousands of activity lines often provide very limited insight to decision making; our analytics focuses on a data-enriched, manageable plan.
Collecting project specific communications, schedule and external data relevant to your programme portfolio. We create a rich data environment that connects people and events to schedule activities and programme level priorities. This innovative approach serves to enhance the team’s project delivery effectiveness and gives greater sight of the on-the-ground challenges as they transpire.
This short film show's how we combine strategy consulting with specialised knowledge regarding advanced image data analytics and the newest innovations offered by artificial intelligence or machine learning. Large, complex projects require constant supervision to facilitate smooth processes and avoid delays, or claims from unreliable partners. Using recent technological breakthroughs and combining the advanced skills of our teams with enormous abilities of machines, PwC can help with numerous problems, the clients from infrastructure, as well as agriculture, insurance, mining, energy or other sectors, may have.
The emergence of digital technologies and the abundance of data in the project environment creates opportunities for project owners to unlock insights, reduce cost, mitigate risk and attract investors.
Eoin Ó Murchú
Capital Project Services: Technology Select & Optimise, PwC United Kingdom
Tel: +44 (0)77 1897 9676