Many companies have improved their ability to manage capital projects by instituting formal methodologies. Often, these methodologies are based on a phased business process.
FACILEX® Capital Project provides an out-of-the-box capital project process. Capital projects benefit from efficient action item tracking and the means to organize all the supporting documentation and drawings. Because capital projects can generate a great deal of documentation, building the solution on the Microsoft 365 platform is a key advantage in achieving process improvements across small and large enterprise sites.
Capital project methodologies tend to have dozens of forms, templates and engineering aids. Keeping all the action items and documentation organized has proven to be quite difficult.