AVEVA Contract Risk Management Integrations

AVEVA Enterprise Resource Management is optimized for the process plant, marine, and industrial industries. It supports the entire capital project design and delivery process with best in class 3D model integration, reporting and visualization to create insights, efficiencies, and improve efficiency. AVEVA Enterprise Resource Management is available on our secure cloud platform AVEVA™. Connect. It combines material definition, construction and fabrication planning into one integrated solution that gives you total control over your entire project. AVEVA Enterprise Resource Management is customizable to meet your specific needs. It integrates with other AVEVA applications. AVEVA Enterprise Resource Management can also be used for individual project phases or phases.

AVEVA's flexible execution approach allows you to deliver capital projects on time and within budget. This will help reduce the risk of capital projects. McKinsey estimates that 98% of CAPEX projects are late or over budget, and that 8 of 10 CAPEX projects are under budget. Materials costs account for 40% of major projects. AVEVA's Unified Project Execution method provides a layer of protection for your project through enhanced process governance, best in class change management, and data-centric construction plan and execution. Software designed for capital project execution connects decision makers to ensure you deliver on time and within budget, even on the most difficult projects. You can reduce material costs by purchasing the right material at the right price. This will minimize stockholding, waste, or surpluses. Reduce timescales by anticipating and preventing bottlenecks, planning more efficiently and avoiding material shortage delays.