The 4castplus team was out in full force at the Advancing Project Controls conference in Houston this past week. This is one of numerous project controls related conferences held throughout the year in various locations around the world.
It was exciting to see how well-attended this conference was and how important the role of project controls is becoming in companies of all descriptions. The majority of delegates we came across were relatively advanced in their knowledge of project controls and clearly embraced the role of technology as a key component of its application. There were a smaller number of delegates that were relatively new to the discipline and were eager to learn. Some individuals and companies were looking for ways to advance and upgrade their software solutions, others were looking for complementary systems to what they have; and others were looking for integration solutions to bind it all together. Following are some key takeaways.
Business Intelligence and data analytics are taking center stage in project controls. For the purposes of investigating and drilling down to identify root causes of issues, schedule overruns and cost overruns. Without reliable, accurate and current data, project controls professionals are in the dark as to what is happening on their project. Good data leads to good decisions, and the right tools to present that data become indispensable.