Major project management is a complex proposition for all parties involved, especially if they don’t have the right tools at their disposal. Fortunately, enterprise solutions that drive improved collaboration and efficiency across different project levels are now available.
In 2018, RIB and Microsoft joined forces to deliver MTWO, the world’s #1 vertical cloud solution for construction and real estate industries. With more than 100 integrated modules available in a cloud-based system, MTWO redefines what is possible in project management.
For our latest blog post, we have explained how contractors, developers and owners can all take advantage of MTWO for improved project outcomes.
Efficient Communication Among Contractors
Real-time project control is a valuable advent for project contracting. Contractors subscribed to MTWO have access to the advanced Mobile Control Tower, which aggregates and graphically displays project KPIs based on real-time data. Knowing exactly where you stand with regard to set goals is a valuable tool for assigning work and generally staying on track.
When it comes to managing day-to-day tasks and responsibilities, MTWO's enterprise management capability ensures that all parties have access to the right information to fulfil their role. The Scheduling module is one of many other functionalities that contractors can take advantage of; it allows contractors to structure a plan-of-action for themselves or their team, with a range of graphics available to accurately measure progress.
Improved Collaboration and Data Analytics for Developers
For developers, having all project stakeholders working together on a single platform is helpful for collaboration. Developers are required to liaise quickly and effectively with a number of stakeholders, from contractors through to suppliers. MTWO’s vertical cloud solution enables real-time collaboration between all involved parties over an entire project lifecycle. The days of missed emails and communication oversights causing avoidable delays are behind us with advanced collaborative platforms. Developers utilising MTWO can expect to reduce change orders and rework, eliminate unnecessary delays in communication and enhance productivity.
As for managing ROI, developers have many powerful modules at their disposal within MTWO. Subscribers have access to a wealth of 5D BIM construction and capital simulations throughout a project lifecycle, several of which can even be utilised in the planning phase. For those who are unaware, 5D BIM refers to the connection of a 3D BIM design with time and cost considerations. This additional data allows developers to optimise their project by comparing multiple 5D project scenarios.
Cost Control and Management Benefits for Owners
Project owners are increasingly turning toward cloud solutions and subscription-based platforms to cut hardware and IT costs. There is comfort in knowing exactly how much of a budget can be allocated to project management technology, and MTWO integrates all necessary modules in a single program. MTWO represents a scalable solution for owners looking to avoid wasted expenditure, with options available to suit a range of project sizes.
Another primary cost consideration that owners need to be proactive on is supply chain management. MTWO supports owners from a project cost perspective by enabling built-to-order production based on demand. Our powerful platform means specific procurement plans can be arranged earlier than was previously possible; accurate quantities and delivery plans can be locked in based upon virtual construction. Logistically, this can make the construction phase of a build progress much more smoothly.
MTWO empowers project owners to strive for just-in-time production and delivery, so as to avoid unnecessary costs due to inventory and storage. This means owners can be more confident that their planned budget will not be exceeded due to avoidable oversights and last-minute changes.
To learn more about how an MTWO subscription can streamline your entire project management process, feel free to reach out to our Sydney team on (02) 9420 8266 or contact us online.