Changing physical spaces are everywhere around us. Businesses in retail, banking, medical, and more are focusing efforts on redesigning their current footprints to maximize their functionality and to improve customer experiences. In the process of this work, they’re running into challenges because of the complexity of these projects and inability to wrangle all necessary data.
While the phrase “complex building projects” might conjure up images of the construction of a football stadium or massive highway system, James Boye-Doe, VP of Solutions Marketing at Quickbase, points out size isn’t the only marker of complexity. Complexity is borne from the fact that these are projects are large in scale, time-bound, and tied directly to revenue. Because of these factors, cross-functional work is required, and complexity grows.
“Managing either a build out or redesign throughout the lifecycle requires coordinating people inside and outside of the company,” Boye-Doe states, “For the duration of the project, they need to act as one. And that's hard to do because you're running off with different datasets, different schedules, different workflows.”
The different datasets, schedules, and workflows result in uncontrolled data sprawl or data chaos. Add to that the systems in which this work is managed are often rigid and brittle, making them nearly impossible to customize in order to make insight actionable. Companies then rely on spreadsheets to become repositories for data, but then find themselves facing new problems mired in “Excel hell.”
Getting these building projects completed takes a collaborative effort across multiple teams, and conquering data chaos is paramount to ushering projects through the lifecycle. On the Age of Agility podcast, Boye-Doe offers four steps to take control of real estate portfolio data to complete projects more effectively.