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Asset management

TRIRIGA

 Capital projects and planning management
Optimize your capital projects planning and accelerate schedules to generate higher project returns
Elevate capital planning
TRIRIGA capital planning software screenshot
Reduce costs and generate returns on capital projects

Adopting capital planning management software can reduce overall project costs by up to 45%¹, which is important when the average capital project is 80% over budget and 20 months behind schedule.²

Efficient financial management depends on timely data-driven decisions, but dispersed information slows the process. An integrated solution automates, streamlines and reduces paperwork, enhancing capital planning and management.The key features of the IBM® TRIRIGA® capital planning helps clients:

  • Providing integrated platform, processes and analytics
  • Identifying funding priorities in capital projects
  • Reducing project schedule overruns by meeting critical dates
  • Streamlining pricing and project cost accounting
  • Portfolio lifecycle analysis
  • Facility condition assessment
  • Project management
 Optimize capital planning for facilities with IBM TRIRIGA
Benefits

Key benefits of TRIRIGA capital projects management
Data-driven decision making:

Gain real-time insights into projects, financial metrics and portfolio performance to make informed decisions on resource allocation and investments.
Cost control and optimization:

Enhance collaboration by using tools for task assignment, document sharing, and communication, facilitating seamless stakeholder coordination and communication.
Compliance and governance:

Achieve compliance with regulations, industry standards and policies through audit trails, approval workflows, and reporting, enhancing governance and accountability.
Improved collaboration:

Enhance collaboration by using tools for task assignment, document sharing, and communication, facilitating seamless stakeholder coordination and communication.
Risk mitigation:

Identify and manage project risks early with centralized data and robust analytics, enabling proactive risk mitigation strategies.
Scalability and flexibility:

Achieve compliance with regulations, industry standards and policies through audit trails, approval workflows, and reporting, enhancing governance and accountability.
Talk to an expert

See how your organization can benefit from a lease management software solution built on the IBM TRIRIGA Application Suite.
Footnotes

¹ What is the case for investing in workplace technology?, Verdantix, October 2020.
² Navigating the digital future: the disruption of capital projects McKinsey & Company (link resides outside ibm.com), October 2017.