Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Streamlining adherence to contractual commitments while integrating all decision-makers safeguards significant CAPEX investments, enhances performance, and boosts profitability throughout the asset lifecycle. AVEVA Contract Risk Management is tailored to address the specific demands of Prime Contractors and Owner Operators engaged in the execution of industrial capital projects. This solution facilitates superior decision-making, safeguards financial investments, aligns teams, and increases the profitability of crucial capital investments. Given that capital projects are often fraught with risks, the comprehensive features of Contract Risk Management—including best-practice protocols, claims management, and a proactive alert system—promote heightened efficiency and total project transparency, ensuring constant reassurance. Moreover, users can initiate change requests through preapproved templates, while customizable workflows streamline the routing of these requests to the appropriate parties for assessment and approval. Effectively recognizing the implications of unforeseen changes allows for adequate evaluation time, ultimately contributing to more informed and strategic project management decisions. This proactive approach not only mitigates risks but also fosters a culture of accountability among all stakeholders.
Description
Mitigate risks in your capital projects by integrating your teams and processes through AVEVA's tailored execution strategy, ensuring timely and budget-conscious delivery. Research from McKinsey reveals that a staggering 98% of capital expenditure projects are completed late, with 80% exceeding their financial estimates. Additionally, materials expenses account for around 40% of the total costs in major projects. AVEVA’s Unified Project Execution framework provides a safeguard for your initiatives through improved process management, top-notch change management practices, and a focus on data-driven planning and execution. Equip your decision-makers with specialized software for capital project management, enabling successful delivery even amidst complex challenges. Optimize your material costs by sourcing appropriately priced materials to reduce inventory, minimize waste, and eliminate excess. By anticipating and addressing potential issues and bottlenecks, you can streamline timelines and avoid delays caused by material shortages. This proactive approach not only enhances efficiency but also contributes to the overall success of your projects.
API Access
Has API
No
API Access
Has API
No
Integrations
AVEVA Enterprise Resource Management
Yes
AVEVA Contract Risk Management
No
AVEVA Point Cloud Manager
No
AVEVA Unified Project Execution
Yes
Integrations
AVEVA Enterprise Resource Management
Yes
AVEVA Contract Risk Management
Yes
AVEVA Point Cloud Manager
Yes
AVEVA Unified Project Execution
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
AVEVA
Founded
1967
Country
United Kingdom
Website
www.aveva.com/en/products/contract-risk-management/
Vendor Details
Company Name
AVEVA
Country
United Kingdom
Website
www.aveva.com/en/solutions/engineering/unified-project-execution/
Product Features
Contract Management
Buy Side (Suppliers)
Yes
Completion Tracking
Yes
Compliance Tracking
No
Contract Lifecycle Management
Yes
Electronic Signature
No
Full Text Search
Yes
Government Contracts
Yes
Pre-built Templates
Yes
Sell Side (Customers)
No
Specialty Contracts
Yes
Version Control
Yes
Workflow Management
Yes
Product Features
Construction Management
Accounting Integration
No
Budget Tracking/Job Costing
No
CRM
No
Change Orders
No
Commercial
No
Contract Management
No
Contractors
No
Equipment Tracking
No
Estimating
No
Incident Reporting
No
Mobile Access
No
Offline Access
No
RFI & Submittals
No
Residential
No
Subcontractor Management
No
Timesheets
No