SmartPM Technologies Platform Empowers Construction Industry with Digital Intelligence that Automates Delay Analysis

Technology provides dashboard of in-depth project-level analytics of schedule quality and integrity for construction projects. End Quote

Atlanta, GA (1888PressRelease) November 28, 2018 - SmartPM Technologies, the leader in cloud-based construction schedule analytics, is revolutionizing the construction industry with its cohesive dashboard that provides in-depth project-level analytics. This innovation is disrupting the construction industry by automating delay analytics by providing real-time insight into how projects are progressing as it relates to schedule delays and cost overruns.

Construction projects rarely go as planned, which means contractors, insurance companies, funders, buyers, and developers all benefit from SmartPM’s analytics. In addition, its data is provided within seconds, rather than through the historical laborious process of manual analysis.

In fact, according to a KPMG Global Construction Project Owner’s Survey:

• 59% of commercial construction projects are more than 10% over budget

• 75% of commercial construction projects delayed beyond 10% of their original duration

“It’s been estimated that 50% of overruns tied directly to avoidable delays and scheduling inefficiencies,” said Michael Pink, Founder & CEO of SmartPM Technologies.

As a consultant for 15 years, Pink manually deconstructed dispute resolution cases in the construction industry. He knew it was a laborious and costly task, so Pink developed a more accurate, faster and cheaper way to resolve these issues through a patented software that automates dispute resolution.

SmartPM has received strong adoption by both private and public owners, commercial developers and general contractors, because its single platform is consistent, connected and transparent. The platform removes any guesswork from project oversight, so organizations can make informed decisions based on real data to maximize ROI.

“SmartPM can be implemented at any point during the project lifecycle,” said Pink. “Our clients who implement the program proactively are finding great success in monitoring the project without any surprises or costly delays from the beginning. While, our clients who don’t utilize our program until they’re already in a dispute, quickly discover that the software is able to quickly uncover historical issues where missteps may have occurred along the way.”

By translating the schedule data into meaningful insights, the SmartPM platform:

· Analyzes Schedule Quality & Integrity – Ensure schedule quality is aligned with industry standards and identify changes made to future schedules that are unrealistic and misleading.

· Diagnoses Project Performance – Get real-time, data-driven analysis of progress and performance of the contract.

· Forecasts Milestone / Completion Dates – Extrapolate historical performance data onto future activities to predict completion dates of critical milestones.

· Provides Forensic Delay Analysis – Identify historical-critical path delays that drove project costs and delayed the schedule, rather than hiring consultants and lawyers.

Hosted by Amazon Web Services, SmartPM’s SaaS architecture facilitates ingestion and analysis of Oracle Primavera P6 and Microsoft Project files in minutes. This innovative analytics approach provides unique insights previously obtained only by costly and time-consuming manual effort.

The company has signed agreements with three of the top five commercial developers, the leading federal government agency responsible for complex construction initiatives, and one of the nation's top program management firms.

To learn more about SmartPM Technologies, please visit www.SmartPMtech.com.

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