Engineering and construction is a project-centric world— and ERP-PM integration is key.
Along these lines, E&C professionals frequently ask, “How can I tie my corporate ERP system together with my project management system(s) to avoid error-prone, time-consuming double entry?”
Few will dispute how the lack of integration is is a headache—including missing or inconsistent information and inefficient double entry— but taking the first step can feel daunting. Fortunately, the tools and expertise available today make ERP-PM integration faster, easier, and more complete.
How do you know if integration is right for you?
Five signs your organization is ready for ERP-PM integration
- Recognition of the value of integration
- Buy-in from the departments and roles impacted by the integration
- Understanding of process optimization
- Flexibility to change job functions to match new integrated and optimized processes
- Open-mindedness: there is more than one way to accomplish the goal
To help ensure a successful integration, it’s important to set the groundwork.
Keys to successful integration
- Define and align business and project processes
- Optimize processes before you automate them
- Set up the framework and ensure the right mindset to enable cross-departmental collaboration
- Scope your integration to align with business goals
- Inspire people to push the limits to gain the most value from integration
A recent survey from Oracle’s Aconex revealed that individuals’ main motivation for technology investment is to “improve efficiencies.” In E&C, we all want to see the results of our efforts.
Concrete results of integration
One firm that recently integrated their ERP and PM solutions is saving over 40 hours per month in project management time alone— allocating more time to focus on higher value-added work and overall project improvements.
Like anything, ERP-PM integration is not a one-size-fits-all activity. Economies of scale do apply.
Define the right level of effort and investment
- What is the right breadth of implementation?
- What is the time horizon of your program?
- How mature are your current processes?
Remember: Anything is possible, but what is appropriate? At the end of the day, it’s all about leveraging data to your best advantage. Data rules the world. Make sure you rule your data