Irving, TX (PRWEB) January 30, 2014
E2C Bridge is pleased to release an industry article that discusses its new approach to project planning and controls and defines its effective solution and services in optimizing capital project delivery schedule and cost performance.
"Industry surveys indicate 63% of capital projects are delivered over budget and 75% are behind schedule. This situation is not necessarily related to engineering design or construction issues, but more to a sub-optimal approach to plan and control effectively projects delivery," said Dr. Yasser Alkazzaz, founder and CEO of E2C Bridge and author of the article.
While most industries have greatly benefited from leaps and advances in information technologies and process methodology to improve their operational planning and control, capital projects still lags behind other industries by a few decades. For example, manufacturing industries have embraced the MRP concept (material requirement planning) since 1964 to improve their planning and controls, and since then MRP has evolved into a well-established industry discipline and science using optimization and allowing manufacturers to integrate materials and resources and create optimized plans and to control them. In contrast capital projects continue to be stuck at a stage where scheduling activities, with resources and materials are planned sequentially with varying degree of ad-hoc integration that is causing many wasteful planning iterations with information latency and inaccuracy which leads to poor project performance.
This industry article explains how E2C Bridge leverages advances in planning & scheduling, lean methodology, and materials management from the manufacturing industry and uses them to define a new approach to capital projects planning and controls. Additionally, it describes an advanced method to link scheduling activities with 3D design in order to produce 4D simulations and visualizations of scheduling sequence that dramatically improves project alignment and coordination.
The proposed new approach optimizes project performance and ensures projects are delivered on time and on budget, Dr. Alkazzaz concluded.
To get a copy of the article, click the link below:
About E2C Bridge
E2C Bridge is the first of its kind to bridge engineering with construction by effectively integrating project planning & controls, procurement and material management into a "One Stop-Shop" project consulting and project delivery service offering. E2C Bridge is a dedicated and independent project delivery optimization services. It aims to address the industry lacking project performance and to provide an impartial service to capital projects that is focused on achieving schedule and cost performance for owners, investors and EPC/turnkey contractors. E2C bridge services are differentiated from others EPC/EPCM contractors by their on demand and remote delivery approach, and by their innovative methodology that integrates scheduling activities with project bill of materials and 3D design elements to effectively simulate the optimal construction sequence and to provide 4D visualization and controls mechanisms that improve project alignment and coordination. For more information, visit http://www.e2cbridge.com/.