PPM Software for Engineering and Construction

00:00:06.200 – 00:00:09.500 

Introduction 

Hi, I’m Paul Reese, and I’m the UK Country Manager for Cora Systems. 

00:00:10.600 – 00:00:40.900 

Digital Transformation in Engineering and Construction 

As a project and portfolio management solution provider, we work across a number of industries — including engineering and construction. 

Historically, these firms relied heavily on Excel and other siloed applications. 
However, in recent years, organizations have increasingly embraced cloud technology and SaaS solutions. 

This shift has allowed them to digitize and streamline key processes, improving efficiency and collaboration. 

00:00:43.400 – 00:01:01.600 

The Challenge: Project Failure Rates 

A recent PwC study found that 70% of projects fail to meet their objectives — whether due to schedule or cost overruns. 
Even more concerning, 94% of major projects go over budget. 

Today, clients, consultants, contractors, and subcontractors typically all work within the same common data environment, which has become crucial for making projects and programs far more efficient. 

00:01:19.300 – 00:01:31.500 

The Rise of Common Data Environments and Cloud Collaboration 

The growth of joint ventures and alliances has added complexity to the IT landscape. 
This is where cloud-based and SaaS solutions such as Cora PPM come to the forefront — enabling multiple organizations to collaborate effectively within a unified data environment. 

Efficient capture and dissemination of data are critical at all stages of a project — from initial concept and engineering, through construction, and into operations and maintenance. 

00:01:55.200 – 00:02:23.245 

Example: CityFibre 

A great example of an integrated supply chain in action is CityFibre, a client focused on delivering superfast fibre infrastructure across the UK. 

For CityFibre, any changes made at the subcontractor or contractor level are aggregated immediately through the data environment, allowing real-time visibility through dashboards and reports. 

00:02:25.900 – 00:03:04.700 

Example: WSP and the Northern Estates Program 

We also work with WSP in the UK — a global engineering firm and the Project and Program Management Consultant for the Northern Estates Program, a large multi-year, multi-million-pound project to refurbish parts of the Houses of Parliament in London. 

For WSP, the key benefit of Cora PPM lies in the common data environment and the ability to maintain a single version of the truth. 
When viewing reports and dashboards, teams know the information is aggregated from multiple systems into one reliable source. 

00:03:07.200 – 00:03:34.300 

Example: Honeywell 

Another major customer, Honeywell, has been using Cora PPM for several years. 
Their primary goal was to reduce deviation within projects, which initially amounted to tens of millions. 

Since implementing Cora PPM and streamlining their processes, they’ve successfully reduced deviations to less than a quarter of what they once were. 

00:03:34.300 – 00:03:51.800 

Closing and Contact Information 

If you’d like more information, please visit corasystems.com, where you’ll find contact details for our UK, Ireland, and US offices. 

We’d be happy to discuss how we’re helping customers across multiple industries with Cora PPM.