This year’s project controls report identified some of the key challenges companies are facing and the emerging technologies for the future of project controls.
9. Project
Controls as a
Function
Perc eption & Ben efits
3.5x
more likely to succeed
when a high importance
is placed on project
controls
94%
of successful projects
saw project controls as
critical, very important
or important
10. Project Controls as a Function
Project success rate based on where project controls sits in an organisation
11. Project Controls as a Function
“ROI through good project controls targets
5-10% savings in CAPEX spend”
- Deloitte Report 2018
source: https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/strategy/deloitte-uk-frontier-project-controls.pdf
Benefit (ROI) reported between
3-12% of project value
12. People
Pr ojec t C ontr ols
Sur vey R epor t 2019
61%
saw a recognisable
improvement in their team’s
skills in the last 2 years
17%
believe their project
controls teams have all the
skills required to perform
their function successfully
‘Data Analytics & Visualisation’
and ‘Planning’ were the two main
focus areas for improvement in PC
teams
13. People
Outsourcing of project controls
Integration with in house
team
Reduce staff turnover
Improve workforce balance
2.5x
more successful if
there is less than 5%
staff turnover
14. Process
Integ ration
89%
success rate for projects
with full process integration
and full compliance
5x
success rate in meeting
objectives and delivering
strong outcomes when
processes are fully integrated
Less than
50%
said that their processes
was fully or mostly
integrated and that there
was process compliance.
18. 4D Planning
Projec t Controls S u r vey
Rep ort 2 0 1 9
3x
success rate when using
4D Planning on a regular
basis
15%
of respondents
frequently use 4D
planning