CBC News just released a video featuring London's massive expansion on its iconic subway system. This megaproject is the largest in Europe with an estimated project cost of $24 Billion USD. With 37 Stations, 8 new sub-surface stations, and 21 km of new twin-bore tunnels under central London, this is no small endeavor.
Many infrastructure mega projects are either behind schedule or over budget. Not Crossrail! Crossrail is on-time and within budget! With the assistance of PRISM, an integrated project lifecycle management solution, Crossrail is able to:
- Increase confidence in data and reduce costs
- Improve foresight and reporting capability
- Automate the change management approval process
- Streamline period close activities
The Crossrail team required an easy-to-use cost management solution that provided end-to-end visibility across the entire program. PRISM provides Crossrail a transparent and secure way to view all cost information and monitor complete change process reducing their overall risk to the program.
This article shares how Crossrail used PRISM to provide a transparent and secure way to view all cost information and monitor the complete change process reducing their overall risk to the program. Crossrail is a new high frequency, high capacity railway for London and is Europe's largest construction project with anestimated project cost of $24B USD.