Real-time information saves time and costs by eliminating overlapping tasks. When we make use of current information in our operations, we are also increasing trust between our employees, customers and partners.
Kaija Sellman, Deputy Country General Manager at IBM Finland, has predicted that the amount of data in the world will double every 18 months. With the amount of data growing exponentially, we must be able to manage huge amounts of data in our day-to-day work.
Management by information is not just for team leaders
Data and automation help us make our tasks more sensible and manageable, which facilitates our coping at work. No one benefits from poorly functioning and time-consuming information systems, which may even cause friction within the company.
Data provides us with relevant information that supports decision-making, meaning that we no longer need to rely on guestimates. For example, in the early stages of a project, the most cost-effective options can only be determined by means of calculation. When the various options are modelled using an information model, it’s easier to compare prices and make decisions.
Systems and information models can be used to improve the flow of information in organisations. However, digitising data is not enough, as information needs to flow between people and tasks.
In construction projects, decisions may be made and data may be stored in different locations. Information about expenses, costs and schedules related to the construction site may be fragmented, unreliable or difficult to understand.
The right technologies and suitable partners, as well as open and effective cooperation, make management by information possible. This also enables us to provide the best information to support decision-making in all phases of the project. The goal of management by information is to improve all parties’ success in their respective tasks.
Technology involves everyone in digitalisation
The software we use here at Fira includes the intelligent RiB iTWO and Fira Insite programs, which keep project parties up to date with developments on the construction site. RiB iTWO is a system that enables the parties to manage construction site finances, schedules and purchases throughout the project. The data accumulated in RiB iTWO is maintained and used to create a digital project plan.
Fira Insite provides a real-time situation picture for all projects, even for our partners, by combining data sources. It combines data about costs, purchases, schedules, safety and deviations, to name just a few examples. Insite is one of the solutions we have developed on the Fira Open Data Platform; an open construction data platform. The Open Data Platform is a digital platform that all programs can easily be integrated into to make use of existing information and generate new information. The accumulated data resources enable construction productivity and services to develop at an unprecedented pace for the benefit of all parties.
Information increases transparency and trust while also enabling continuous learning and business renewal.