Engineering, Procurement and Construction companies have a minefield of factors to carefully consider. Budget management, timely delivery, project tracking, and reliable estimations are just the tip of the iceberg. Traditional project management tools utilized by EPC and Construction companies often fall short when it comes to addressing certain key factors. As an example, these tools may not provide the necessary precision in calculating and supporting project progress, or offer a comparative analysis with the project baseline.

The inability of these tools to display the methodology for calculating project progress, especially when dealing with massive projects featuring thousands of activities, becomes a colossal drawback. Lastly, what these tools seriously lack is "user-friendliness". They do not provide visual interfaces that are easy to understand - a feature critically important for project management.

Recognising the need for a more effective solution, NERP was specifically curated for EPC and Construction companies. How does it augment traditional project management tools?

1) It assists in setting up a framework for measuring and comparing progress to the project baseline. This empowers project managers to accurately identify potential bottlenecks and take accurate corrective actions, ensuring that the project stays on course

2) It provides early warning signs of potential issues, allowing for quick and proactive interventions to keep the project on track.

3) It offers clear metrics that hold stakeholders accountable, promoting a shared sense of ownership and encouraging collaboration.

4) It provides an overview of the project's health, allows the project managers to make informed decisions and allocate resources more effectively.

5) it streamlines procurement, and resources linked to project execution milestones.

NERP's ability to eliminate blind spots, increase visibility, and offer early insights into potential problems, thus significantly improving project management efficiency. When we consider the critical aspects of EPC companies, staying within budget, timely project delivery and accurate project completion estimations, NERP stands out as an effective enabler. More than simply addressing these critical aspects, NERP enhances traditional project management tools, allowing for improved project performance and, ultimately, better bottom-line results.