Modernizing Capital Program Management: Key Steps for Successful Migration 

Modernizing Capital Program Management: Key Steps for Successful Migration 

Capital program owners are at the front lines of ensuring project success. However, they face a multitude of unique challenges when it comes to managing budgets and ensuring peak efficiency. With ballooning budgets and increasingly complex projects, Project Management Information Systems (PMIS) have become vital tools for keeping everything on track. But an outdated PMIS can create its own set of challenges that stand in the way of successful outcomes.

At the same time, upgrading to a more modern PMIS takes up valuable time and effort, which often discourages capital program owners from making the switch. Instead, many are forced to devise workarounds to navigate its limitations.

A new whitepaper by Avicado and Procore, Modernizing Capital Program Management:  Overcoming Pain Points to Drive Successful Outcomes, delves into the six common pain points experienced by capital program owners and presents a roadmap for effectively implementing a more modern PMIS. It addresses the concerns surrounding data migration, change management, and the learning curve that comes with adopting new technologies. 

Why Modernize?

Capital program owners face several significant challenges that impact their ability to effectively manage projects. For example, outdated systems often come with rigid structures and limited configuration options, which may not align with the specific needs and workflows of a capital program. This lack of flexibility results in inefficiencies, as users are unable to tailor the system to their unique requirements, leading to suboptimal processes and difficulties in adapting to evolving project demands.

Another critical challenge is the absence of mobile solutions that field teams can easily use. Without mobile-friendly tools, communication delays and data discrepancies can occur, impacting the accuracy of project updates and limiting collaboration. This disconnect between field data and the central PMIS can lead to delays in decision-making, potential errors, and missed opportunities for optimizing project performance.

However, capital program owners do not need to resign themselves to navigating these pain points day after day. With a modern PMIS, capital program owners can transform their projects into streamlined and efficient operations, where project information flows seamlessly, collaboration becomes effortless, and real-time data access is readily available. This transition empowers them to navigate challenges that arise confidently, maximize the value of their investment, and redirect their efforts from managing the status quo to optimizing their programs.

Improving the Experience 

By shedding light on these challenges and providing practical steps to overcome them, capital program owners can make well-informed decisions about modernizing their project management processes. With a well-executed implementation strategy and a commitment to continuous improvement, capital program owners can unlock the full potential of a modern PMIS and drive successful outcomes for their projects and organizations.

To streamline this process, Avicado has partnered with Procore to help organizations make the most out of their technology stack. With years of experience implementing and optimizing Procore across industries, Avicado brings new insights, training, and tools to improve the experience with construction technology across the full building lifecycle.

Ready to make the leap? Learn how by downloading the new white paper by Avicado and Procore – Modernizing Capital Program Management: Overcoming Pain Points to Drive Successful Outcomes.

Reader Interactions

What do you think?

Written by TeknologiAi

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

US Supreme Court Orders Restart of All Mountain Valley Gas Line Work

US Supreme Court Orders Restart of All Mountain Valley Gas Line Work

How Contractors Can Get Disaster Cleanup Work During 2023 Hurricane Season

How Contractors Can Get Disaster Cleanup Work During 2023 Hurricane Season