Observations show that failure rates for large capital projects are consistently high. Learn how construction data analytics can help you mitigate risk and plan for success.
Large capital construction projects can be a project management headache. They’re often late, over budget, and poorly executed.
What do these projects have in common—aside from high failure rates? The construction industry suffers from the following common challenges:
All of which makes it difficult for construction owners to find deep insights across their portfolio, reducing on-time, and on-budget performance.
Owners of large capital projects are increasingly turning to data analytics. Deloitte’s ConstructionSight™ helps organizations counter low-performing trends in construction by asking the “right” questions, of the “right” people, at the “right” time, to get data to assist clients with managing and improving performance.
Our rapidly deployable and easily customizable construction data analytics solution provides configurable dashboards and project sensing tools to help owners enhance portfolio and project delivery. As a result:
Deloitte’s ConstructionSight™ results in a dashboard containing real-time key performance measures at the project, program, and portfolio level by employing the following steps:
The ConstructionSight™ solutions analyzes real–time data against performance thresholds–assessing trends over time and transforming information into insight, enhancing decision-making and improving overall project delivery.