AVEVA ProCon: CAPEX Contract Risk Management

ProCon is a capital project contract risk management solution that automates compliance with contractual obligation and connects all decision makers to protect major CAPEX investment, drive performance and improve profitability across the asset lifecycle.

AVEVA ProCon: CAPEX Contract Risk Management

Connecting Contracting to CAPEX Success

AVEVA ProCon was specifically designed to meet the needs of Prime Contractors and Owner Operators involved in industrial capital project execution. It drives better decision making, protects capital investment, aligns teams, and improves profitability of your most important capital investments.

Capital projects are historically risk-ridden, but ProCon’s built-in best-practice, claims management and attentive alert system enables greater efficiency and full project transparency, providing peace of mind, at all times.

Integrated Solutions Enable Complete CAPEX Project Control

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AVEVA Enterprise Resource Management

Enable efficient planning and execution of all resources at every stage of construction of a complex, intensive asset.

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AVEVA LFM

Capture the 3D baseline of your existing brownfield asset in a simple, accessible and secure workflow with AVEVA LFM.

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AVEVA Information Management

Create a single, trusted source of contextualized  information as the backbone of the Digital Asset for better collaboration & decision making.

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AVEVA Connect

Leverage AVEVA’s secure cloud technology to enable deeper insights and more flexibility and scalability across your asset and operations lifecycles.

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Connect Contractual Risk Management & Execution Solutions for Better Capital Project Performance

Beyond Contract Management…

Achieve True Contractual Risk Management

Effective Change Control

All change orders are initiated from within AVEVA ProCon using preapproved templates. Configurable workflows manage the routing of change requests to the designated parties for review and authorisation. Identifying the impacts of unplanned change effectively allows time for scrutiny to help mitigate the associated risk of cost and schedule overage and potential claims.

Enhanced Financial Control

Early warning indicators help project management to direct their attention to the most critical situations, reducing unplanned cost overruns. Automatic line-item reconciliation prevents erroneous payments and reduces the number of contract administrators needed to process Applications for Payment.

Improved Contract Delivery

Using one central system encourages on-time and on-budget construction contract delivery as all contractor interactions and issues are dealt with efficiently and full transparency of the impacts due to scope changes provides the opportunity for more effective decision making.

Best Practice Governance

AVEVA ProCon promotes transparency by aligning remote project teams with approved business processes to make contract award and execution even easier.

Mitigate Contractor Claims

Alerts and reminders lower the risk of missing contractual obligations, helping to avoid claims. If one does arise, easily access all correspondence for excellent claims defence.

Powerful Contracts, Proven Outcomes

AVEVA ProCon was specifically designed to meet the needs of Prime Contractors and Owner Operators involved in industrial capital project execution. Available on-premise, on the cloud or as a mix of both, put ProCon to work to reduce risk and improve profitability on your next CAPEX project.

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Sakhalin Energy

Sakhalin Energy streamlined their contracting and procurement with greater transparency. Learn how they went from “good to great” at the link below.

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Shell

Shell has deployed AVEVA ProCon for contractual risk management on 16 of their largest CAPEX projects. Learn how they achieved zero claims on the $12 Bn Prelude FLNG project.

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