Many organizations face a widening gap between their capital project plans (budgets and schedules) and their actual costs and completion dates.  This planning shortfall creates operational and financial headaches, and the managers responsible for capital planning and budgeting are not able to solve this problem using traditional methods and systems.

Recently, the heads of capital programs are narrowing the gap and improving project performance by adopting a new project control and performance management system, called Capital Project Intelligence (CPI), which greatly improves the accuracy and productivity of capital projects.

Capital Project Intelligence offers owners of built facilities a verifiable, collaborative approach to control project costs, schedule duration and risks. Throughout all phases, Capital Project Intelligence gives owners and their design and construction teams more control over the project, providing detailed, accurate and timely information that improves performance. 

CPI greatly improves the management of capital programs, as follows:

• Meets the capital facility objectives with a clear, specific, and shared understanding of the nature of the built facility.
• Reduces project costs and shortens schedules through mitigation and elimination of disruptions and delays.
• Establishes accountability with verifiable audit trails and contractor performance.
• Limits financial risk through real-time performance reporting.