A global engineering and design firm needed FTI Consulting’s expertise to course-correct a stalled implementation of Hexagon EcoSys Projects that was being used to manage the build-out of a €6.5B semiconductor plant owned by a Forbes 100 company. The original implementation stalled due to the lack of people with the industry expertise needed to translate requirements from the business to the EcoSys Projects tool.
Tens of thousands of data entry lines from disconnected files were brought into a modern project management information system environment, resulting in improved visibility, auditability and data integrity.
Upon completion, the client expanded FTI Consulting’s engagement to standardize their program and project cost management processes enterprise-wide, enabling them to track and manage revenue at the portfolio level across Europe, North America and the Asia Pacific region.
FTI Consulting’s decades of experience with EcoSys implementation projects not only assured the plant owner that the client could successfully execute the program but also led to the client maturing its project management and controls processes, extending its digital transformation strategy globally.
FTI Consulting worked with the client to understand and prioritize their challenges, determine process and technical solutions and apply organizational change management to implement those solutions.
Our technology experts customized the EcoSys standard configuration to provide the client with tools for capital management, commitment management and detailed forecasting at the construction package level, enabling data-driven decisions that improved overall portfolio performance.
We created modules for subcontractors that support budgeting, commitment management, spending, forecasting, enterprise vendor management, change management and detailed reporting, benefiting more than 750 end-users.
Our experts implemented revenue management processes and modules that empowered the client’s treasury group to establish enterprise cashflow forecasting and performance analytics for project portfolios.
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