![]() They need to be able to visualize this information anywhere, anytime using any device. There is also the requirement to enable decision-makers to review the details of the visually communicated information to better understand data behind what was presented as well as have the option to trace the source of this data. In addition, there is the requirement to ensure that there are no data silos to avoid spending time extracting, transfer load, and associate data before they can be queried, prepared and presented to decision-makers. Since it is very common for capital construction projects to involve many individuals from multiple entities to deliver the project, therefore there is a requirement to enforce accountability for all provided data. There is also the requirement that the captured data should be accurate, valid, and relevant. The first of those requirements is to shorten the duration between the time when the data is first captured and the time when this data becomes part of a report or dashboard that can be visually communicated to the stakeholders to facilitate the decision-making process. To overcome this challenge there are many requirements that need to be addressed and resolved. Of course, it goes without saying that this shared data should be correct and originating from trustworthy data sources that can be traced, tracked, verified, and audited when there is a requirement to do so. This is defined as the time difference between when the raw data associated with project events, actions, or communications first became known and the time when this data becomes available in an organized format for decision-makers to provide them with the insight to make better and faster-informed decisions. ![]() ![]() ![]() One of the key issues that affect the quality, validity, and effectiveness of decisions made in any industry including the capital construction industry is the data availability lag time. General Contractors, Program and Construction Managers. ![]()
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