By Steven Mauss, CEO and President at Knowledge Relay, Inc.

The US energy sector needs to be more efficient and make better decisions based on complete, fact-based data. Most energy projects are complicated and require careful management. Project control dashboards are a vital tool for this, but what if everyone involved—from government agencies to energy companies—is using separate dashboards with information from unconnected systems?

This is where combining and automating data comes in!

Imagine a single dashboard that shows you everything about your project, all in real-time. Knowledge Relay’s dashboards do this by bringing together data from all your sources, like scheduling, cost tracking, and risk assessment tools. Even better, Knowledge Relay automates this process to ensure the information is always accurate and up-to-date. This combination of a central view with automatic data updates gives government agencies and energy companies several advantages:

  1. See Everything Clearly, Make Better Choices: Consolidated dashboards give a complete picture of how your energy project is doing. Your Project Controls team can see if the budget is on track, if things are running behind schedule, and any potential problems—all on one screen. This lets everyone involved make informed decisions quickly and confidently.
  2. Less Reports, More Efficiency: Combining everything means no more struggling with multiple reports. Data is automatically pulled from all your sources, saving Project Control professionals hours spent collecting data and making reports. This frees up time for important tasks like reducing risks and managing projects strategically.
  3. Work Together Better: A single, reliable source of information about the project helps teams communicate and work together more effectively. When everyone has access to the same real-time data, there’s less confusion and disagreement. For instance, in a power plant, project managers can easily share key performance indicators (KPIs) with executives, so everyone is on the same page about critical production goals.
  4. Spot Trouble Before It Hits: Consolidated dashboards don’t just show data, they help you identify and avoid problems. By recognizing trends and potential risks early on, Project Control teams can take steps to lessen their impact. Imagine seeing cost overruns before they happen, so you can adjust how you use resources or renegotiate contracts.
  5. Decisions Based on Facts: Energy projects are complex and involve many people. Consolidated dashboards provide a foundation in data for making decisions. With real-time information at their fingertips, project control leaders can make informed choices based on accurate, current data.

Automation and Combining Data Are Key, But Clean Data Matters Most

Even next-generation dashboards are only as good as the information they use. Knowledge Relay helps by ensuring all your data sources are connected, up-to-date, and accurate:

  • Agreed-upon Definitions: Knowledge Relay helps establish clear definitions for all data points across all project control tools. This eliminates inconsistencies and ensures everyone interprets the data the same way.
  • Automatic Data Feeds: Data is automatically collected from wherever possible to minimize errors from manual data entry and keep your dashboard updated in real-time.
  • Data Validation: Procedures are put in place to find and fix any errors before they affect the critical information on your dashboards.
  • Regular Data Checkups: Knowledge Relay schedules regular data governance reviews to ensure data quality and consistency. This preventative maintenance keeps your dashboard analytics dependable.

In the fast-paced world of critical infrastructure projects, consolidated project control dashboards with built-in, automated data collection are a game-changer!

Knowledge Relay leverages 40 years of energy industry best practices to give you increased visibility, improved communication, and more accurate data-driven decision making. This helps your energy projects succeed. By investing in an automated and consolidated data visualization system, your energy organization can unlock a wealth of project insights and gain significant operating efficiencies.

Contact me today to schedule a whiteboarding session on our unrivaled data automation and visualization possibilities.

Learn More About Knowledge Relay

We've helped large-scale enterprises accelerate effective decision making through systems integration, data migration, and reporting.

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KR Dashboards - Visualize, analyze and identify trends with powerful interactive dashboards. | Knowledge Relay

KR Dashboards

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