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Systemates Inc. Presents on the Pros of a Project Management Solution When Utilizing Integrated Project Delivery

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Richardson, TX (PRWEB) November 14, 2013

Mike Zamora, Sr. Solutions Architect, of Systemates Inc., recently presented at the Construction Management Association of America National Conference. Construction managers across the country gathered at the Aria Resort and Casino in Las Vegas, Nevada on October 27-29 for the CMAA National Conference and Trade Show. Zamora’s speech focused on the importance of having a collaborative construction project management solution when utilizing Integrated Project Delivery methodology.

One of the main topics of conversation was around selecting and implementing project management software early in the process instead of relying on an external solution your architect or contractor may already have in place. By finding and implementing a project management solution early on, owners can avoid the unnecessary finger pointing and operate from one version of the truth. Essentially, this will provide owners with views of the bigger picture and allow for more informed decision making.

Integrated Project Delivery is designed for team building and collaboration early on in the project. Its goal is to unite the team in an environment that is efficient and allows for a more successful project. The same can be said for a project management solution. When a PM solution is selected earlier on in the life of a project, the more successful the project will be.

Zamora will also present this speech at the CMAA North Texas Chapter meeting later this year.

About CMAA

The Construction Management Association of America, formed in 1982, is North America’s only organization dedicated exclusively to the interests of professional Construction and Program Management. Current membership is more than 10,000, including individual CM/PM practitioners, corporate members, and construction owners in both public and private sectors, along with academic and associate members. CMAA presents two national gatherings annually: The Owners Leadership Forum in the spring and the National Conference & Trade Show in the fall. Professional Development programs, including instructor-led courses, self-paced online programs and webinars, are offered throughout the year. To learn more, visit http://www.cmaanet.org.

About Systemates, Inc.

Founded in 1995 by leading architects and software engineers, Systemates developed Projectmates to equip owners and owner’s representatives with a secure, sophisticated Web-based construction management software solution. Projectmates’ collaborative platform dramatically improves project execution and cuts costs and delays, increases accountability and reduces risks. With its cutting edge technology, Projectmates creates one seamless platform for managing the complete lifecycle of a building, from planning, bidding, and building to maintaining the facilities. Over 25,000 users from organizations such as Retailers, Real Estate developers, Educational and Government agencies rely on Projectmates to manage billions of dollars in capital construction programs. Systemates is privately held and headquartered in Dallas. To learn more about Projectmates by Systemates, visit http://www.projectmates.com or follow us at http://www.facebook.com/Projectmates.







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Top 4 Pros and Cons of Crowd-funding

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Crowd funding in the digital era has widely been a province of causes, special projects and artists who do not come with the expectation of any profits. You might be able to procure a front row ticket or an awesome T-shirt from the crowd funding investment, but not much more. While it is easy to think of this concept as an ideal way to get capital for a creative project, it requires an indistinguishable amount of preparation, good concept and an existing community with a little drop of luck to accomplish the goals. Here are a few pros and cons of the fundraiser concept that can help you start your small business at ease.

Pros

Capital Access: For funds that cannot be “loaned” from the banks and collected in a short time period, crowd funding is a viable option. While this is a no brainer, but there’s more to it than finance. By procuring cash, startups can do much more than reducing risks and validating the ventures before tapping into subsequent equity. This allows an integral pathway along the fund sourcing chain.
Building awareness: Crowd funding is an effective means of building brand awareness. The donators spread the word of mouth in the background while you work on your book or film!
Press coverage for free: Crowd funding can often be newsworthy. If the campaign had been performing particularly well as to catch the eyes of the ‘media’, free press coverage comes complementary with the deal. And who would deny a little publicity before a breakthrough?
Feedback: Whether a campaign accomplishes its goals or not, you will always receive feedback on the project. If people are swayed by the pledge and quality of the project, you know it’s going to be a quantum leap. If it escapes their notice, you know it need some tweaking or going back to square one; either way it’s far better than spending a fortune on a startup business to unravel the truth couple of years later.

Cons

All or None: In planning a fundraising campaign, an entrepreneur must calculate the goal appropriately. This is because a lot of crowd funding platforms stipulate that the money from funds would be released only if the garnered funds are equivalent to the funding goal or beyond.
Reputation at risk: If the campaign fails to achieve its goals, the project lingers on the site for others to see, putting an entrepreneur’s reputation at risk.
IP theft: A few people argue that putting confidential projects on internet might expose them to IP thefts through a replication of the prototype design or company’s concept by a vying competitor. Crowd funding is not a wise choice for a unique project as it could be a menace to the company’s viability.
Speed: One of the major drawbacks of this concept is that it doesn’t allow enough time to wind up the project as it needs to be ready within months of termination of fundraising campaign.

Although the “Pebble smart watch” and “Spark Core” were an outstanding crowd funded success, it could always mean the same for you. Evaluate both sides of the coin before you take the plunge!

Nidhi Nandi, who is currently writing on small business realized that Crowdfunding projects need lots of market research and effective marketing strategies to be total success.

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