Integrated Engineering Consulting
Modern execution planning enables new tactical approaches to reduce costs
The project execution plan (PEP) is a critical part of any industrial project.
The PEP describes the methods, processes, and procedures that will be used on the project. It provides the road map for the design development and strategies that the team will implement to achieve the project objectives.
And not unlike the folded paper maps that guided our road trips 10 years ago, industrial project execution planning has evolved. Today’s drivers have GPS navigation built into the dashboard or mobile device. Similarly, a modern PEP is powered by digitally enabled tools that enable new tactical approaches.
This article examines how project execution planning has evolved for Industry 4.0. In the sector, where facility owners are in the midst of an important digital transformation, A data-centric outlook is a core concept in digital project execution architecture where data is viewed as the most important and perpetual … execution plans open up new ways to:
It’s easy to get lost in the jargon when reading about digital transformation. We hope to break through the fog by focusing on the PEP and sharing examples from our digital project experience.
The ground-level implementation perspective offered in this article should give your project team tangible ways to improve execution activities.
The tools we use to digitally manage projects at Vista are centralized in a shared database. This A data-centric outlook is a core concept in digital project execution architecture where data is viewed as the most important and perpetual … approach creates a Single source of truth (SSOT) refers to the practice of structuring information models and associated data schema such that every data ele… (SSOT) for the project team.
An industrial project has many moving teams that need to work in unison. The different groups involved in a project include:
Effective and timely project communication across all teams is critical to avoid costly errors and rework. SSOT data architecture fosters a transparent and collaborative environment where everyone has on-demand access to information.
The tools and techniques behind the Digital project execution (DPE) is a project management methodology that uses a data-centric approach to reduce project total-install-cost a… are important. The digital system enables the correct information to be communicated to the right recipient at the right time. Our digital project management ecosystem seamlessly integrates various applications.
This demo video provides an overview of Vista’s digital project execution workflow.
Get started with our professional engineering consultants. Learn how we provide high-quality, fit-for-purpose execution plans that keep your project on budget.
There are many core components in a PEP, including the quality management system, scheduling and document control. This article takes a deeper look at the following project execution planning elements by comparing the traditional and digitally enabled approaches.
A PEP incorporates a clear scope of work (SOW) and list of deliverables. The SOW and underlying assumptions are based on the requirements specified in the request for proposal (RFP).
CTR WEB – a collaborative web-based tool to create robust resourcing estimates that align with project assumptions and scope requirements. The resourcing estimates are clearly documented and easily exported to be incorporated in the PEP.
A PEP details a practicable schedule to ensure the best resources are available for the scope requirements.
Forecast Web – a custom in-house application to coordinate baseline effort and duration plans. In this application, the project manager creates the demand for resources across the project, typically with a rolling 12-week lookahead.
The discipline leads then complete the forecasted supply by allocating specific resources to the project. The system allows for individual allocation tracking across projects and clients. With Forecast Web, our leadership can efficiently and transparently identify the project resource requirements. This ensures projects are always appropriately staffed.
A PEP identifies how project stakeholders will communicate feedback related to deliverables. The PEP should also outline the processes needed to track and incorporate the feedback in the work.
Progress Tracker – a searchable cloud-based interface to conduct real-time squad check and document reviews. Progress Tracker contains a full audit trail and is available to designated project team members and clients.
A PEP defines how the project design will shape the staging for the purchase of materials and equipment. The PEP explains how items will be sourced and ensures systems are in place to track buying processes.
MTO Versioning – a customized in-house MTO management application pulls data directly from 3D model design applications. Users can generate customizable reports from the live data. Materials are segregated by type, size or work area. Teams can run version comparisons to evaluate the changes for effort checking or for generating revisions to past purchase orders.
A PEP describes how the team will capture the information required to track the project’s KPIs. Considering the client’s priorities, the execution plan outlines the reporting targets that project managers use to make important decisions.
Reporting Web – an in-house reporting portal that serves as the main interface for project management and leads. The portal dashboard pulls data from multiple data sources in real-time to provide granular details about:
It’s important for the PEP to identify the right people for each job function on the project. Depending on resource availability and team composition, the right person might be someone new or a subject matter expert within the organization.
Vista Recruiting + HR Portal + JazzHR (applicant tracking) + SparkHire (video interviews) – a customized interconnected technology stack provides access to comprehensive recruiting and HR tools that manage all aspects of employee engagement, from initial candidate screening to benefit coordination and everything in between.
A PEP provides the process to evaluate the project’s successes and failures so that they can be leveraged in future scopes. The PEP should include a process to identify outstanding vendors and subcontractors and carry forward the associated best practices.
Lessons Learned – a customized in-house application stores information related to quality, safety, communication, cost, and other metrics. The databases are live and searchable by keyword. Reviews are also completed for external suppliers to extend the opportunity to improve and aid in future subcontractor selections.
Continuously improving project execution efficiency is easier with the proper digital tools and project management skills in place.
After years of refining our digital workflows and project execution strategies, we are constantly implementing new ways to improve efficiency. As a leader in Digital project execution (DPE) is a project management methodology that uses a data-centric approach to reduce project total-install-cost a…, Vista is an ideal partner to help you shorten project schedules and reduce costs.
If you would like help developing your digital project execution plan, contact Vista Projects today to schedule a consultation.