Managing the Lifecycle
InEight’s Project Administration Solution, which includes both InEight Contract and InEight Change, is designed to simplify the buyout and creation of contracts on capital projects, ultimately facilitating complete contract and change-management processes throughout every phase of a project. The technology keeps projects moving forward by understanding project variables and managing the entire lifecycle of the contract process.
InEight Contract allows users to manage detailed contract information from the supplier selection phase through buyout and closeout. This includes scope, budget, payments, accruals, issues, subcontractor communication, and more. It can also track milestones to ensure timely buyout and project delivery, helping to avoid oversights. Field management can take action to mitigate risks to the contract value by avoiding or accommodating changes.
Meanwhile, InEight Change gives stakeholders a view into the project progress and status. This helps to facilitate communication to avoid or accommodate potential change orders. The technology helps manage impacts on budget and profit, while also ensuring the correct actions are taken to comply with every approved change.
In whole, InEight’s Project Administration Solution gives users full access to contract data to incorporate changes into subcontractor scope or tie issues to subcontractor performance. Further, the technology offers on-demand reporting that gives critical business data to every stakeholder. With the system, custom views can identify project issues.
In the end, construction professionals can improve projects by knowing where issues exist and how they are being managed, including status, pricing, responsible party, schedule impact, work areas, and so much more. The technology gives workers the insights they need to move the project forward in a timely and effective manner.
“InEight’s Project Administration Solution is unique in that it provides an integrated approach to contract and change management that is necessary across every stakeholder.” -Constructech editors