Solutions forThe Construction and Engineering industry includes companies involved with the engineering, construction/refurbishment and maintenance of facilities and/or infrastructure. Companies may be involved with all aspects of a construction project or have a more focused business model. Regardless of the size of organization and their particular focus construction and engineering companies need to manage risk and control projects. Project complexity and contractor expertise can lead to cost overruns and delays. The nature of projects (i.e. fixed-price or cost-plus contracts) can play a critical role in reducing risks and increasing margin. As well, revenue diversification (i.e. geographic, customer, sector or business) can provide more stable financial performance and minimize volatile earnings.
To minimize project risk and to deliver on promises, construction and engineering companies need a process to simplify the project lifecycle while still exceeding project expectations and running the operations of the business. An innovative performance management solution is essential to help run your key operations, from initial project identification through contract closeout.
Construction and Engineering companies have used Prophix for over 20 plus years to meet the complex needs of the industry. Prophix’s complete, integrated set of solutions provides access to information and tools to anticipate changing market conditions with the flexibility to respond to them effectively.
Construction & Engineering organizations use Prophix Performance Management software and services to: