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Defining a Path for the Digital Transformation of the Capital Projects Industry

Publication No
FR-403
Type
HTML program
Publication Date
Feb 01, 2025
Pages
42
Research Team
RT-403
DOCUMENT DETAILS
Abstract
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Abstract

In the dynamic landscape of capital projects, Digital Transformation has emerged as a cornerstone for success. Yet, its complexity often eludes traditional project management metrics. RT-403 resulted in a pioneering initiative that lays the groundwork for the industry's digital evolution. By synthesizing insights from CII member interviews, surveys, and industry case studies, we've forged a unified understanding of Digital Transformation as an ongoing metamorphosis. This novel endeavor culminated in a centralized, searchable dataset—a compass enabling our members to decipher trends, sidestep pitfalls, and capitalize on the dividends of digital investments.


The RT-403 research effort addresses this need for a transformative path to technology by offering a first-of-its-kind road mapping tool, which enables member companies to leverage insights from other companies’ processes as they define their own routes to digital transformation. The road mapping tool considers both challenges and opportunities with digital transformation to support decision-making regarding future plans.

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Research Topic
Navigating the Digital Transformation Landscape for Capital Projects
Keywords
Technology Adoption, Implementation, Digital Transformation, Adaptability, Adoption Of New Technologies, Case Studies, Change Management, Artificial Intelligence, Construction Automation, Automation, Benchmarking And Metrics, Best Practices, BIM, Business Transformation, Capital Projects, Organizational Change Management, Technology Maturity, RT-403, RT403, DT Tool, Digital Transformation Tool