Guide to Advanced Project Controls
APC, being technology-intensive, requires strong support from stakeholder organizations. The combination of technology-centered practices and environmental support from stakeholder organizations is essential. In response, the report details the environmental and organizational support factors and the technology-driven practices necessary for APC.
This final report also delves into the distinct technological aspects intrinsic to APC. It maps the six information layers in project controls and their corresponding KPIs, prioritizing those KPIs that, when continuously updated, can steer the project in the right direction and thus positively impact project performance. Also, the findings provide directions on sensing and information technologies, for example, by offering a catalog of project controls technologies and prioritizing the project controls functions that benefit the most when automated and continuously updated with technologies.
As a result of the interest expressed by SMEs during the study, the report also explores the potential of artificial intelligence (AI) in APC. It highlights nearly forty high-value AI applications in project controls generated with insights from SMEs during brainstorming exercises. Industry organizations should use these applications to guide the development of AI in project controls. Finally, the value proposition of APC is discussed with examples and case studies. With thoughtful investment, pioneering organizations realize reduced absenteeism, increased productivity, enhanced predictability, budget reductions, and optimized portfolio management.
