Keeping track of changing project requirements is often a huge challenge, and missing critical details can not only be financially painful, but can be downright devastating if your project impacts lives and/or the environment. The larger the project, the bigger the financial risk from delays.
For example, a recently completed energy project initiated in 2009 was originally estimated to cost $14 billion, and be completed by 2017, but is now estimated to have cost more than $35 billion, and completed 7 years behind schedule. Why? According to reports, among other things work began with incomplete designs and managers failed to realistically schedule tasks. The cost of that delay will impact millions of people for years to come.
If this resonates with you, the IBM Suite of Engineering Management Tools could be your game-changer. The ELM tools provide an end-to-end enterprise engineering solution that is highly scalable. Requirements driven systems planning and design enables integrated validation and verification at each step of the project. They extend collaboration beyond basic configuration and change management, and enable you to reuse existing designs and applications.
Many large Energy Distribution and production companies, all of the largest automotive OEMs, all of the largest aerospace and defense companies, and most of the largest banks, system integrators, medical device companies and many others use our tools to manage complex, critical projects. If you’d like to see how we can help you transform your processes, please reach out to your IBM account representative or Business Partner.
You can learn more at Engineering Lifecycle management | IBM
You can read about the Seven Reasons to select ELM here - https://www.ibm.com/downloads/cas/GMRWEDXD
And you can always reach out to me - I’m happy to help!