In todays market, the construction industry is expected to grow 85% by 2030, according to a report issues by Global Construction Perspectives and Oxford Economics. This is great news, however as of today, nearly 70% of all projects come in over budget and are delivered late. On top of that cash flow complexity is intensifying especially at the sub-contractor level which is threatening stability in
the industry. Project success is highly dependent upon stakeho
lders at every level requireing coordination, control compliance and consistancy. the combined power of Lean and CPM methodologies.
According to the Lean Construction Institute,“Traditional silos of knowledge, work, and effort are broken down and reorganized for the betterment of the project rather than of individual participants.” An integreted platform for CPM and Lean Scheduling would provide the solution to the challege by reduceing the need for larger, complex master schedules that were never intended to contain the level of detail required for field execution teams and place the right coordination tool in the hands of the right construction project stakeholder to eliminate costly re-work, drive accountability, and reduce risk. Additionally the tool would drive performance down to the field disciplines' commitments of work being performed at their levels. The CPM and Lean platform aligns stakeholders with shared knowledge and common goals and allows the field to work the way they want while providing teams with visibility throughout the enterprise hirearchy.
The Oracle Prime Lean Scheduling, part of the Oracle Prime Projects Cloud Service, is the first and only offering that unites Lean Construction and CPM approaches to achieve exceptional project and business outcomes. The easy-to-use system gives team members in the field the flexibility to apply their preferred task management best practices while providing the enterprise insight that the home office requires. It also harnesses the power of Oracle’s industry-leading Primavera P6 Enterprise Project Portfolio Management solution to deliver the enterprise-level visibility and control essential for CPM. The bottom line: Oracle Lean Scheduling Solution delivers complete coordination and project command for more successful and profitable projects and business ventures.
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