Energy & Utilities Industries
Project Management Software for Energy, Utilities & Nuclear
Organizations in the power, utilities and nuclear energy industries are looking for ways to improve operational efficiencies and quickly deliver accurate monthly reports. The need for accurate forecasting, cost control, and the integration of operational systems, back-office systems, and supply chain management is crucial to these sectors.
Digitizing the Energy, Utilities and Nuclear Industries
Contruent’s capital project management software solution has managed billions of dollars in scope on utilities and nuclear projects. Contruent can fully integrate with systems already in place, allowing your data to be shared in real time across an organization’s multiple projects and programs. This effectively gets data where it needs to be instantly and destroys data silos. Contruent also allows for the tracking of changes made and establishes an audit trail.
Energy Industry Challenges
- Short timeframe for month-end reporting
- Inconsistent processes
- Decentralized data and data silos
- Errors in data from Excel spreadsheets
- Uncontrolled data and changes
20 Years of Experience Partnering With Energy, Utilities & Nuclear Organizations Worldwide
Contruent has been digitizing projects across industries for more than 20 years, and today, our energy management software is being used by leading utilities organizations and nuclear energy companies all over the world, including Sellafield, Westinghouse, Origin Energy, Waste Management, Eskom, Mach Energy, American Electric Power, Low Level Waste Repository (LLWR), Nalcor, and more.
Energy Project Management Software Benefits
Improve Reporting, Change Management, Analysis and General Data Storage
Create Standard Enterprise and Project Reports with Accurate, Timely Data in the Required Format
Integrate Systems in Place and Establish Bi-Directional Communication Between Programs
Exceed Earned Value Management Requirements
Reduce Time Spent on Reporting, Allowing More Time for Analysis
Shift from Risk Assurance to the Anticipation of Emerging Risks
Improve your Project Controls Strategy
Ready to explore if Contruent is a good fit for your projects? Sign up for a quick discovery call today.
Project Management with Contruent
Low Level Waste Repository – Enterprise Reporting & Earned Value Management
LLW Repository Ltd (LLWR), responsible for managing the UK’s low level radioactive waste, faced challenges with data management and reporting due to a lack of audit trails, flexibility, and consistent reporting mechanisms. To address these issues and meet strict earned value management requirements from the Nuclear Decommissioning Authority (NDA), LLWR implemented Contruent’s integrated project lifecycle management solution.
This solution not only integrated seamlessly with Primavera P6 and SAP for enhanced reporting and data accuracy but also provided a unified source of truth, supporting the company’s growing needs. The implementation of Contruent significantly improved LLWR’s data confidence, reporting speed, and earned value management capabilities, while also allowing the business to adapt and grow efficiently.
Doubled Efficiency of Month-End Reporting Process at Large Utilities Organization
A large utilities organization in the Asia-Pacific region overcame significant challenges in its month-end reporting process by implementing PRISM’s integrated project lifecycle management software. Previously hampered by a reliance on inefficient tools like Excel and Access, leading to errors, inconsistency, and uncontrolled data changes, the organization sought a more comprehensive software solution.
PRISM provided a unified platform for reporting, change management, analysis, and data storage, integrating seamlessly with existing tools such as Primavera P6 and Excel. This shift to PRISM resulted in halved turnaround times for month-end reporting, the establishment of trusted and transparent data sources, streamlined processes, and more time for data analysis. More generally, it optimized the company’s project management, reporting landscape, and operational efficiency.