This guide presents examples of the return potential on investment by using cloud-based capital program management solutions that can efficiently deliver projects, in terms of time, resources, and cost savings.
Investing in a capital program management software system saves money by boosting productivity and collaboration. So much so that the White House has allocated $20 billion of Infrastructure Investment and Jobs Act (IIJA) funds specifically for implementing new technology systems and helping to better manage capital programs. Using a capital program management solution reduces project costs pre- and post-implementation. And there is plenty of data available to support these statements.
This guide explains in depth the benefits of using cloud-based capital program management software, which are:
- Cost savings through the capital program lifecycle
- Connectivity and collaboration
- Resource management
- Reducing risk
By bringing everyone involved in your capital and maintenance projects into one seamlessly connected construction planning, design, and building experience, you will see cost and schedule savings due to the efficiencies created through these systems. From initial planning and design to the construction lifecycle and real-time contractor integration, with a complete lifecycle capital planning solution, everyone will have the most up-to-date information at their fingertips.