return on investment
the next step
The use of a project collaboration tool is now an expected component on major
projects, but do you know the real return-on-investment it provides? The benefits which
For a more detailed explanation of how BC can
BC alone brings to our clients have been described earlier so here we would like to remind you
successfully meet the needs of your people, processes
of a number of other well documented generic benefits that your organisation can achieve:
and projects, please contact us.
Source: ‘Proving Collaboration Pays’, NCCTP Independent study, 2006.
‘Collaboration Software for the Construction Industry’, Compagnia survey 2003.
t: 0870 163 2555
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Proficient use of collaborative technology, or ‘Project Extranets’, is now
insisted upon by over two thirds of commissioning clients.
e: bcinfo@groupbc.com
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96% of individuals that have used projects extranets are happy it has benefited
w: groupbc.com
their business and are highly likely to re-use on future projects.
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52% of individuals are highly commited to using extranet technology and plan
to make significant use of it in most, if not all, future projects.
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Direct savings due to reduced administration costs such as postage, printing,
photocopying and meeting expenses, associated with a notional £1 million project,
are calculated as being approx. 1.28%.
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Accelerated delivery time across all stages by use of project collaboration on a
52 week project is estimated to reduce design time by 15%, procurement time by
10% and production time by 5%.
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Average drawing approval times reduced by 26%, from an average
of 9.3 days to 6.9 days.
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Litigation costs are reduced where online project collaboration software is used
due to robust audit trails and the improved communication across the chain
producing a reduced amount of abortive work.
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Unproductive time spent gathering information is reduced on average by 30%
if easy access to documents is provided allowing more time for productive activities
such as reviewing of information and taking action.
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Transparency across the supply chain leads to improved procurement
processes and timelier decisions as well as improving relationships across the
chain, both internal and external.
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Improved client relationships through the provision of a secure collaborative
model proven to benefit project management and so providing a
competitive advantage.
At BCL we are confident of the benefits that using Business Collaborator can bring
to your organisation so much so that we were the only UK collaboration company
to sponsor and contribute to recent research by Harvard Design School into the
benefits of using online project collaboration across construction industries.
Contact us if you’d like to know more
groupbc.com
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