70 | 70 | ISO 15926 can assist in the management of information flows in large capital projects, reducing the overall cost of information and increasing the value of information through all phases: from design; through commissioning; and even into operation and decommissioning. The availability of information, its timely delivery and appropriate access greatly aid in risk management, cost control and timely execution. The cost of an ISO 15926 initiative is easily offset by the gains that can be realized over the timeframe of a typical large capital project. The risk is low and the potential gain is an on-time, on-budget performance that delivers enhanced value to the customer and earns repeat business. |