Every construction contractor and subcontractor has an extensive number of plants, equipment, tools, and other assets that are deployed at the different construction sites as well as the head office, central plants, and garages. To effectively manage these assets, utilizing construction project management software is essential. There is always the need to track the movement of all those assets between those sites. As an absolute minimum, there should be a consolidated register of all those assets detailing where they are located, their condition status, depreciation cost and book value, usage history, due maintenance, maintenance done to date as well as the planned and actual movement of those assets. In addition, those contractors and subcontractors might maintain warehouses to stock the spare parts needed to maintain those plants, equipment, tools, and other types of assets for which they need to maintain track of spare parts inventory at those locations.
Using a Project Management Information System (PMIS) that has the functionalities to manage the plant, equipment, tools, and other types of assets like PMWeb, those contractors and subcontractors can fulfill the two requirements of managing the project delivery as well as managing those assets and the movement of those assets. In addition, it provides a solution for managing the spare parts inventory for those assets.
Using the PMWeb location module, a unique location will be added for each construction site as well as for the company head office and any other locations for the central plant and central garage. For locations that are associated with construction sites, the relevant project will be assigned to the location. In addition, all details that relate to the location such as an address, spatial coordinates, and pictures of the site among others will be added. There is no limit to the data that can be added to each location.
PMWeb equipment module is used to capture the details of every single plant, equipment, tool, and other type of asset that the contractor or subcontractor either owns or leases. For each plant, equipment, tool, and other type of asset, PMWeb allows capturing all possible details of the assets including manufacturer’s name, condition status, condition assessment date, date service started, equipment usage reading needed for preventive maintenance, pictures, and other needed data.
The plant, equipment, tool, and other types of asset brochures, catalogs, manuals, certificates, insurance documents, purchase documents, and any other related documents will be uploaded into the PMWeb document management repository and then attached to the asset. There is the option of uploading those documents directly into the equipment record.
In addition, PMWeb, a leading construction project management software, allows capturing the current book value of each plant, equipment, tool, and other type of asset depending on the cost depreciation method used. PMWeb allows capturing the purchase cost, salvage cost, and life years. Depending on the selected depreciation method whether it was a straight line, double-declining balance, or sum of years digits, PMWeb will automatically calculate the annual depreciation cost. In addition, PMWeb allows calculating the Cost to Own and Cost to Operate for each plant, equipment, tool, and other type of asset.
For each plant, equipment, tool, and other type of asset, PMWeb allows capturing the details of all components of that asset. Those for example could include the hoses, tires, filters, gear, fan belts, and other components that could be part of an asset and which would be subject to wear and tear, for which they need to be replaced when replacement is due. For each component, PMWeb allows capturing the condition status, condition date, last work order number, life remaining, % remaining, services internal usage, installed usage, last service usage, service due usage, and life to date usage among other details needed for each component.
For each plant, equipment, tool, and other type of asset, PMWeb allows capturing the details of all work orders that were executed to repair an asset or a component of an asset. In addition, PMWeb allows creation of preventive maintenance work orders to have those repairs scheduled on their due date. For all work orders, PMWeb allows capturing all required details including pictures of the replaced parts. In addition, it allows creating an estimate for each work order as well as capturing the agreed cost for each work order including the cost of labor resources and the material needed to perform the work order. The resource cost will be captured from the PMWeb resource database and the material cost will be captured from the PMWeb material cost database. In addition, there is the option to pick the material needed for the work order from the PMWeb inventory locations.
All work orders performed at the different construction site locations as well as head office, central plant, central garage, and other defined locations in PMWeb can be viewed on a map as long as the latitude and longitude attributes had been added to each location. The user can filter what work orders to display based on the period the work orders were performed.
PMWeb, a leading construction project management software, allows the creation unlimited number of inventory locations for the spare parts for the plants, equipment, tools, and other types of assets that the contractor or subcontractor has. For each inventory location, PMWeb allows the creation of the locations of where the spare parts will be located.
With all plants, equipment, tools, and other type of assets owned or leased by the contractor or subcontractor, the PMWeb Assets move plans module allows for defining the dates when selected assets will be scheduled to be moved in or out of the construction site. The module allows the selection of the plants, equipment, tools, and other type of assets that will be moved. This is important to ensure proper and timely movement of those assets.
The details of all movement plans will be captured for the relevant plant, equipment, tool, and other type of assets owned or leased by the contractor or subcontractor. The movement log will capture the details of the location, scheduled move-in date, actual move-in date, scheduled move-out data, actual move-out date, and the cost if any for this movement.
The captured plants, equipment, tools, and other types of asset details, including their movement plans, will become available to be reported on in any desired form and format depending on the extent of available data. The report can be designed to allow the report reader to drill down to the specific plant, equipment, tool, and other type of asset included in the report to view additional details. The report could include visuals to better analyze and understand the reported data.
