Page 83 - IEC Insights Nov-Dec21_WEB

The Agile Construction® approach
allows you to become a data-driven,
learning organization, by including the
knowledge from your experienced project
managers, collecting field-driven data, and
converting it to information, which can be
used by the whole project team. The Agile
Construction® approach focuses on data-
driven feedback and connection from the
field to the rest of the organization.

In the next section, it will be
explained how the data-driven, Agile
Construction® approach works and
how it can be implemented.

The management of a project can be
separated into four main phases:
1. Planning
2. Procurement
3. Installation
4. Closure
Figure 1: Work Breakdown Structure of the Planning Phase
Each of these phases can be broken down
into different activities and each of these
activities can be supported with data.

The Planning Phase:
As shown in Figure 1 the planning phase
includes all the base elements to ensure
a project is set up successfully. One
example for the data-driven financial part
is the cash-flow projection schedule and
the plan for how an accurate observed
% complete and gross profit reporting
can be. In Figure 2 you can see when this
job became cash-positive, far after the
completion of the job, which means you
are financing this project. Until then you’re
losing additional profit just from financing
the project. If you choose a data-driven
approach and start monitoring your
cash-flow progress from the beginning, Figure 2: Project Cash-Positive trend
together with a true observed % complete
from the field by using the Work
Breakdown Structure (WBS™) and Job
Productivity and Control (JPAC®) as a tool,
you can become cash-positive sooner,
which will make you more profitable.

www.ieci.org | November/December 2021 | Insights Magazine 81