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Glossary

itwocx

itwocx is a very old, former document management software designed for the construction phase of engineering and construction projects

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6 Best Project Management Software for 2021

In this article, we will look at the 6 most common solutions for project managers in our space and why they work for their particular use case(s).

What is itwocx?

itwocx is a very old former document management software designed for the construction phase of engineering and construction projects developed by RIB Software. itwocx is not recommended for Asset Owners or Client Side Project Managers, and is generally being phased our of the industry given how hard it is to use compared to other software providing similar features like Procore, Aconex and Mastt.

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Construction Cost Tracker

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What is iTWOcx?

iTWOcx started life as 'Project Centre' 1997 and provided an electronic document and process controls solution to more effectively manage project correspondence and document control. Project Centre competed heavily with Aconex, before being acquired by the germany listed RIB as part of a strategic play to sitch a number of software solutions together and create a large monolithic software application for the real estate sector.

Today, iTWOcx is an older software that promotes itself as a construction project management software and has a heavy focus and influence on providing construction specific solution for General Contractors. It is a heavy tool and not 'turn key', often requiring a consultant to implement, configure and train staff on, before getting into service on a construction project. So if you are a construction company / General Contractors, iTWOcx would be worth looking at.

What are iTWOcx's key features?

Key features and benefits of iTWOcx include:

  • Document Management: iTWOcx provides robust document management capabilities, enabling users to store, share, and manage project documents in a centralized repository. This ensures that all project participants have access to the latest information, improving decision-making and reducing the risk of errors.
  • Communication and Collaboration: The platform facilitates effective communication and collaboration among project teams, contractors, clients, and other stakeholders. Features like correspondence management, notifications, and workflow automation help streamline interactions and keep everyone informed.
  • Quality and Safety Management: The software includes functionalities for managing quality and safety processes on the construction site, such as inspections, non-conformance reports, and safety audits. This helps maintain high standards of quality and safety throughout the project lifecycle.
  • Tender Management: iTWOcx supports the tendering process by providing tools for tender creation, distribution, and evaluation. This facilitates a more efficient and competitive tendering process, ensuring the selection of the best contractors and suppliers.
  • Mobile Accessibility: The platform is accessible on mobile devices, providing users with the flexibility to access project information and perform tasks from anywhere, at any time. This enhances responsiveness and productivity among project teams.
  • Integration Capabilities: iTWOcx can integrate with other enterprise systems and software solutions, ensuring seamless data flow and consistency across different aspects of project management and execution

How Much is iTWOcx?

iTWOcx's pricing structure is hidden from prosective buyers, but is tailored to suit the needs of various project sizes and complexities. iTWOcx's Product Lines combine some of the above features are available on their website. Products could be categorised as:

  • Publication Space
  • Correspondance
  • Contracts Administration
  • Tenders
  • Defects Management
  • Quality Management

iTWOcx Pricing

All above products are priced on % of the budget of your construction project. For example, a Project Budget of $250m is priced between .08% and 0.12%, depending on the products you choose. So that's ~$200,000 to $300,000 per year

Should you use iTWOcx?

Determining whether iTWOcx is the right choice for your construction project needs depends on several factors:

  1. Team Collaboration: If your project requires extensive collaboration among dispersed teams, subcontractors, and stakeholders, iTWOcx can be useful.
  2. Budget Considerations: It's essential to evaluate whether the cost aligns with your project budget and expected return on investment.
  3. Technology Adoption: iTWOcx has a steep learning curve. Assess your team's readiness to adopt new technology and invest in training as needed.
  4. Problems & Solutions: Check out below the list of solutions iTWOcx provide

Better Alternatives to iTWOcx

Mastt was co-founded a former Project & Program Management consultant, Doug Vincent, and targets the key requirements of Project Management and Program Management from the client or Project Owner's perspective. Managing projects across the entire lifecycle informs Mastt's approach, emphasizing comprehensive project oversight, cost control, and effective stakeholder communication. If your role is geared towards reporting to project owners or managing many projects as a program, Mastt is right for you.

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An interactive PCG Report, Dashboard or Presentation ensures a fun, effective and efficient PCG Meeting

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Best Construction Project Management Software

‍Mastt provides a comprehensive platform designed to enhance reporting for capital projects across the complete lifecycle. Here’s how Mastt can assist:

  1. Centralized Dashboard: Mastt's dashboard offers a centralized view of all project activities, helping project managers track progress and manage tasks effectively.
  2. Documentation and Tracking: The platform provides tools for documenting and tracking all project-related information, ensuring that everything is recorded and managed systematically.
  3. Budget and Schedule Management: Mastt helps project managers stay on top of budgets and schedules by providing real-time insights and analytics.
  4. Risk Management: By offering robust risk management tools, Mastt enables construction managers to identify and mitigate risks early, ensuring projects stay on track.
  5. Stakeholder Collaboration: Mastt enhances communication and collaboration between the project owner, contractors, and other stakeholders, ensuring that everyone is aligned and informed.

By leveraging Mastt, project managers can improve their management of construction projects, leading to more successful outcomes and greater control over project variables.

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A table of Mastt features showing areas of product fit against a 5 stage product lifecycle

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Reporting Example

By leveraging Mastt, Project Owners and Project Managers can enhance decision making, leading to more efficient project execution, increased quality and more successful outcomes.

See more Project Dashboard Examples here

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An interactive PCG Report, Dashboard or Presentation ensures a fun, effective and efficient PCG Meeting

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