CAPITAL PROJECTS
Eliminate risks from capital investments
Delays and budget overruns are all too common in capital projects due to lack of processes and visibility into risks. Use Smartsheet to standardize processes, ensure seamless collaboration, and drive a single line of sight across your project portfolio.
Optimize capital efficiency by accelerating project execution with Smartsheet
50% improvement in capital project efficiency
35% higher internal rate of return
40% reduction in schedule delays
Manage change orders with ease, stay within budget, and increase ROI
Predict and plan for change order risks with backup budgeting, detailed project specs, and improved contract management. Use Smartsheet for clear scope definition, change management, and cohesive team building.
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Support high-velocity capital projects with a single platform that supports planning, sourcing, scheduling, implementation, and delivery. Standardize processes, define workflows, and set up controls for cross-functional tasks to ensure cohesive implementation and faster project closure.
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Get real-time portfolio insights and identify the mix of constraints and demands for decision making. Map progress against project charters, track close-out details and risks to ensure control, quality, and speed of delivery.
Success stories
Additional resources
FAQ
Support the planning continuum, across strategizing, risk and compliance evaluation, identifying funding mix and allocation. Use Smartsheet to create a connected environment that links capital planning with project management data. Seamlessly roll-up projects using data from the field to track progress against plan.
Poor processes lead to higher people-hours, schedule slippages, and low earned value. Establish processes and governance to allocate capital where it matters most with Smartsheet portfolio prioritization. Work with your existing processes and avoid steep change management investments. Scale projects and portfolios using blueprints for quick project setup and templates to automate process workflows.
Late-stage changes lead to project risk, cost and time overruns. Use Smartsheet to integrate change order management, right from request to approval and invoicing across multiple jobs seamlessly. Establish version controls and data accuracy to maintain compliance and eliminate contractual risks. Facilitate collaboration and ideation to solve critical issues and make course corrections quickly.
Legacy tools and DIY hacks have little ability to support any changes in scope or help control the day-to-day operations of the multiple smaller projects that typically make up a large capital project. With Smartsheet, you can scale from a single project to a portfolio of projects or even multiple project portfolios with ease and still maintain full governance and process control.
Combine communication, collaboration, and work on one platform to drive clarity and transparency around projects. Get buy-in from project teams by communicating value. Maintain accountability and achieve tighter control over scope, cost, and quality. Support data sharing and communication within and between project teams, managers, the leadership, and builders, contractors, and suppliers.