PMWeb provides powerful tools for managing contractor progress claims and facilitating compliance with security of payment law as it has been implemented in the various States in Australia. PMWeb’s record, workflow and notifications features operate in concert to streamline claims processing.
The High Court of Australia – the supreme court in the Australian court hierarchy and the final court of appeal in Australia – made its first decision in this last week relating to security of payment law – in this case in relation to the Building and Construction Industry Security of Payment Act 1999 (NSW).
The High Court’s judgment in Southern Han Breakfast Point Pty Ltd (In Liquidation) v Lewence Construction Pty Ltd  HCA 52 affirms that there must be a ‘reference date’ for the claim to be valid. The reference date is the date on which a claim for a progress payment may be made, as stated in the contract; or the last day of the month if the contract does not specify such a date.
The High Court held that the existence of a reference date under a construction contract is a precondition of making a valid payment claim. Therefore, a payment claim that is not in respect of a reference date will not be treated as a payment claim under the Act. In practical terms this means that a payment claim must be made on the basis of a reference date to be valid under the Act. The absence of a reference date for the claim will provide solid ground to argue the claim is invalid.
PMWeb configuration should include a field to capture the reference date; and the Payment Claim produced by PMWeb should always state the reference date. Workflow configurations can also include validation checks to ensure compliance.
The PMIAA is expected to have a significant impact on Program Management and Project Management – not only in the USA, where the Federal Government spends more than $2.7 Trillion (USD) per year, but around the world, as the Act’s increased standards and resulting compliance requirements flow through all industries to impact organisations that utilise Program Managers and Project Managers.
The demand for effective Program and Project governance, increased controls and transparent access to information by stakeholders will increase the demand for tools that can support these needs throughout the project lifecycle. Solutions that can provide answers in real-world terms, such as PMWeb’s leading features for managing capital works projects, will provide Program Managers and Project Managers with the information necessary for effective decision-making.
Project Owners already have increased requirements for access to information in real time. Some will provide their own system and require that their consultants and contractors use that system – bringing all participants into a common database that the Owner controls long-term. Others will require their consultants – and the Project Manager in particular – to deliver the controls and reporting to new levels.
Project Management companies servicing capital works projects for their Clients in any industry will establish leadership and competitive advantage through the control and reporting systems they bring to the engagement.
After a lengthy review process, CMU chose PMWeb over all other competitors primarily because “Unlike the other software companies, PMWeb clearly understands construction.” PMWeb was designed and built from the ground up by Program and Construction Managers to deliver an all-in-one, easy-to-use project management system.
CMU joins other Universities using PMWeb, including Johns Hopkins, Harvard Business School, Harvard Graduate School of Education, American University, UC Davis Medical, Tufts, Johns Hopkins Hospital, University of Washington, Boston College and the University of Washington St Louis.
Please contact us if you would like more information on PMWeb.
November 22, 2016 PMWeb® announced a major software release, transitioning the leading enterprise-level project management software for the construction industry to new prominence – the world’s most robust and user-friendly project management platform.
Capital project owners, facility managers, program and construction managers and contractors in industries such as Aviation/Ports, Construction/Design, Education, Energy/Resources, Government, Healthcare, Infrastructure, Retail/Commercial, among others, will all benefit from the system wide improvements in Version 5.0. In fact, the feedback and requests from PMWeb’s broad global client base were a key driver in the development plan for Version 5.0.
The release of PMWeb Version 5.0 stays true to the company’s on-going pledge to continually innovate as technological leaders in the industry. The editors of Constructech – one of the industry’s most respected publications – agree. “PMWeb not only knows what the construction industry needs, but also delivers a comprehensive, integrated solution. With a focus on client services and R&D, the company is a good one to do business with.”
The client-driven enhancements for PMWeb Version 5.0 include:
New Layout and Architecture: PMWeb’s Version 5.0 release features a brand-new look and feel. All controls throughout the program were upgraded to be lighter on the page, resulting in faster load and save times. Additionally, the icon set was refreshed and a new “Metro” skin added.
Reinvented Scheduling: The Scheduling Module was reinvented from the ground up in Version 5. The interface was overhauled and spruced up and many new features were added that make the Scheduling Module much more powerful and easier to use.
Advanced Multi-Currency: PMWeb has long had multi-currency by project but now that powerful capability has been expanded down to the line item level. As of Version 5.0, users now have the option of using multiple currencies among the lines of a single record. For example, a Purchase Order can now include two lines in US Dollars, three lines in Euros, and five more lines in Yuan.
BIM Revit® Add-in: PMWeb can now integrate directly with BIM models using the Revit® add-in. This is used to automatically create PMWeb records from the BIM model, including assets (like floors, spaces, and equipment records) as well as other records such as RFIs, Submittals, and Work Orders. The optional BIM Module in the PMWeb Toolbox lets users track BIM models using new Model Manager records and generate PMWeb Asset records based on COBie data.
PBS and Project Explorer: A new field, “PBS”, has been added to Programs, Projects and Initiatives and a PBS page has been added to the Portfolio module. The PBS field provides an additional piece of metadata to graphically categorize projects. Use the PBS to create an unlimited user-defined tree structure, then drag and drop your projects onto any node on the tree to classify them.
New Collaboration Tools: A new tab, “Collaborate”, is available to display in most record types throughout PMWeb. With this tab, users can invite others to review and contribute to records on the fly. Collaborators can edit the record if granted permission and add notes, attachments and comments. Collaboration actions are logged and time and date stamped by user to automatically create detailed “conversations”.
Multi-Project Records: In the cost management module, Budget Requests and Journal Entries can now be made as multi-project records. Each line in these records can be assigned to a different project.
Revised Value: In Commitments, the Revised Quantity feature that PMWeb has had for several versions has been expanded to Revised Value. Now, throughout the change process for a Commitment, if you link to a Commitment line you have the option of adjusting not only the quantity but also the total currency amount. The revised quantity or the revised currency value can then be blended into Progress Invoice lines to make billing easier and clearer for all parties.
Enhanced Scoring: The scoring features have been greatly enhanced for Version 5.0. For every Scoring question, you can now define the data type of the answer.
PMWeb Australia & New Zealand was a Conference Supporter for the Australian Institute of Project Management’s Inaugural Regional Conference 2016 held at the Sydney Hilton from October 16-19. The conference was opened by the AIPM’s Patron and the Governor of New South Wales, His Excellency General The Honourable David Hurley AC DSC (Ret’d). Keynote speakers included Kitty Chiller, 2016 Australian Olympic Commission Chef de Mission:
PMWeb also supplied a highly sought-after prize for the AIPM’s conference app leaderboard competition, a half-ounce gold bar! The prize was won by Stuart Elkins of Ergon Energy in Queensland.
In August 2016, Oracle announced that it was discontinuing any further product releases or patches for Primavera Contract Manager (PCM). At the same time, ongoing “Sustaining Support” was confirmed on an indefinite basis – i.e. technical support for owners of PCM will be provided until further notice. Options for existing PCM owners therefore include:
Continuing with the system (which will require some close management, given that new patches and alterations to external programs such as Java and Windows could impact PCM operation)
Migrating to Oracle Unifier – there being options to facilitate this such as Oracle’s Contract Management Cloud Accelerator
Migrating to an alternative system for the management of Contracts and other project-related functions.
Owners should consult with Oracle or a member of the Oracle Partner Network in relation to Options 1 and 2 above.
As part of analysing the cost/benefit of any new Contract Management system, an important component of cost (and time) is data migration. Our organisation has extensive experience in data migration from other systems into PMWeb and can provide advice on liklely cost. We have also now released two standard packages for migrating data from PCM V13.x and 14.x to PMWeb. This provides a ready reference for clients conducting comparative analysis and a tool to examine whether there are factors in their existing system that could make a migration non-standard (whether to PMWeb or to any other system).
Contact us for more information including package inclusions and pricing.
PMWeb Australia & New Zealand is pleased to be a Conference Supporter for the Australian Institute of Project Management’s Inaugural Regional Conference 2016 to be held at the Sydney Hilton from October 16-19. This Conference will also celebrate the 40th anniversary of the AIPM. Here’s a preview of PMWeb at the conference: