Enterprise Solutions » Coreworx

By: Coreworx  09-12-2011
Keywords: Cost Control, Document Control, Capital Project

Project Information and Cost Control

Coreworx Inc. provides Project Information and Cost Control solutions for industry leading organizations like Babcock & Wilcox, Nuclear Power Generation, Fluor, Chevron, BHP Billiton, J. Ray McDermott and Husky. Servicing more than 500 customer projects valued at over $500 billion across 50 countries with nearly 70,000 users, Coreworx customers rely on our extensive experience with major capital project best practices and our proven track record of improving performance throughout the entire project lifecycle.

Coreworx improves organizational performance by facilitating the visibility and flow of complex information between key participants. With real-time collaborative environments to help projects get done quicker, Coreworx helps project teams gain competitive advantage while reducing project execution risk and total project cost. Coreworx' Project Execution Management solutions are built upon a workflow based information management framework that is designed to apply the disciplines of control, authority and accountability, to capital project tasks with tools that report and anticipate performance and issues. 

Coreworx Benefits

  • Improve project execution by increasing the decision-making capability while decreasing the decision making time
  • Manage multiple projects on a common infrastructure to reduce support costs
  • Reduce reproduction and courier costs through electronic document distribution
  • Avoid rework due to version errors
  • Automate information control to ensures compliance with contractual obligations
  • Improve visibility to identify and surface risk as they occur to avoid conflicts and errors
  • Register audit trails to record decisions and transactions when addressing claims
  • Enforce corporate standards without sacrificing individual project requirements
  • Automate document control functions, including: metadata population, package creation and integrity checking, version control, approval workflows, exception alerting, and transmittal receipt/generation
  • Enhance collaborative decision making with inter-departmental and partner communications
  • Provide real time cost information, contract validation, and approvals for operations management
The information in this article was current at 06 Dec 2011

Keywords: Capital Project, Cost Control, Document Control

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