
Managing the flow of information and the complexity of large capital projects can be a daunting task. Capital projects have tens of thousands of documents and assets associated with them, including hundreds of contracts. Infrastructure investments such as buildings, bridges, power plants and oil refineries have lifecycles that span decades, creating significant data challenges for their owners and operators.
Organizations with a methodology to track, capture and manage the flow of information are better able to reduce risks and avoid unnecessary expenditures. A robust information management protocol prevents the last minute scrambles to locate or recreate information when the project moves from the construction to the acceptance phase.
OpenText Capital Projects enables the various stakeholders such as project teams, engineering, procurement, & construction (EPC) contractors and vendors to communicate and collaborate easily throughout the construction process lifecycle. It captures all the right asset information and ensures it is available and manageable from one focal point. Managers at all levels who have accurate asset information and knowledge in hand can be proactive and efficient in their decision-making. The linkage between assets and information enables greater control, particularly when managing the regulatory reviews and safety approvals that occur during the project acceptance phase.


