Case Study
IHI E&C International – Time Savings and Change Management Reporting
About IHI E&C International
This case study explores how IHI E&C International Corporation (IHI E&C), a Houston-based engineering, procurement and construction (EPC) company that provides energy solutions around the globe, utilizes ARES PRISM project controls software for cost management, change management, and reporting.
Like many project organizations, IHI E&C previously relied on high-level spreadsheets and needed a dependable tool to manage cost data, change, and provide standardized reporting while minimizing their dependency on spreadsheets. Implementing PRISM project management software resulted in IHI E&C saving 10-15% time during their closeout periods, increased confidence in report outputs, and creating a trusted centralized data source.
Industry
Engineering & Construction
Company size
500+
Headquarters
Houston, Texas
Founded
2012
Challenges
- Project set-up consistency
- Uniformity in reporting
- Managing both large and small projects
- Reliance on spreadsheets
Solution
- Be deployed in the midst of a large EPC project
- Replace temporary solution of spreadsheets
- Provide cost reporting and change management
- Import and export accounting data
Results
- Saved 10-15% time during the closeout period
- Effectively saved money by reducing number of man-hours needed for cost support
- Trusted centralized data source and audit trail of project changes
- Reduction of errors caused by manual data input
- Increased confidence in report outputs
- Increased productivity
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“Once a standard template is set up, exporting accounting data and importing it into Contruent Enterprise saves the cost team at IHI E&C two full days of work on large projects and hours on small projects.”
