Capital Projects
Asset intensive companies in energy, utilities or transportation, or any manufacturing company with plant and equipment world-wide, spends potentially hundreds of millions of dollars each year on capital improvement projects. Covering a range of cost types from construction, to plant equipment or hardware/software, external services or subcontractors and of course internal labor - each cost is often estimated using disparate/tribal knowledge, and it is hard to get a wholistic picture, especially as the picture changes from week to week during delivery of a capital project. Twenty5 improves the way you manage capital projects in our single central database.
Problem
As a non-core process, capital project planning and execution often takes second-place to your core 'order-to-cash' processes, resulting in a hotch-potch of stiched together tools ranging from project accounting in ERP, to independent isolated project and task management apps like JIRA or ServiceNow, to enterprise portfolio mgt. apps, to MS-Project or Primavera, to a plethora of Excel spreadsheets to keep track of costs, budgets, funds, forecasts, change orders, trends, risks and estimates to complete.
Solution
End-to-End Project Life Cycle
Twenty5, sitting on top of SAP S/4, lets you manage the entire capital project life-cycle from feasibility to delivery in one set of applications, fully integrated with your ERP financial system, actual costs and any third party tools you want to retain.
Phases, WBS & Assets
Manage your capital project with optional phases or sets, WBS/task schedules, milestones, resources and assets, labor categories and hardware BOMs imported from your SAP ERP or third-party system. Manage WBS/asset % assignments for cost distribution.
Understand Cost Drivers
Gain insights to your cost drivers with our machine learning algorithms for performance history in your ERP, analyzing prior purchasing and manufacturing costs, adjusting for inflation, quantity/lot-size, learning and other factors.
Funds, Changes, Risks & Budgets
Track multiple funding sources, approvals, and budget adjustments. Net funds against project trends and change requests, or against risks or contingency reserves, to get an accurate picture of project progress and cost performance.
Project Knowledge Base
Get better every time, retain knowledge from prior projects and define best practices using project templates. Accelerate scope development, feasibility studies and top-down cost budgets.
Parametric Estimating
Estimate complex product structures such as factory-works or construction/equipment using parameters like length and width, or configure-to-order sizing inputs, based on a library of cost and hours-based formula and cost estimating relationships.
Risk Adjusting Costing
Model risks and contingencies as a register or pre-defined set of menu-based contingency categories, with formula-based risk reserve calculations which can in turn be offset against project change requests during execution.
Seamless Integration
Make capital project request, approval, planning and delivery a core business process with our SAP S/4 ERP add-on for capital project planning, costing and execution, built in SAP BTP.
Benefits By Role
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Quickly digest key project request info
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Compare projects across locations or divisions
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Single source of the truth
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Compare actuals to estimated during project delivery
