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Helping You to Deliver Successfully…. A web based Consultancy on Project Control. A Project is effectively successful if completed within specified time frame and budgeted cost. Success or Failure of any project depends on two basic parameters consumed during execution of project... Time & Cost
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Helping You to Deliver Successfully… A web based Consultancy on Project Control
A Project is effectively successful if completed within specified time frame and budgeted cost. Success or Failure of any project depends on two basic parameters consumed during execution of project...Time & Cost Project Control is often practiced based on the application of acquired skills, tools & techniques to Plan, Schedule & Monitor project elements / activities, to meet project requirements. The principle of Project Control mainly depends upon the proven traditional practices that are widely applied as well as innovative practices that are continually emerging in the profession. Effective Project Management encompasses quality Project Control as an integral part of entire Project Management process. A Web Based Consultancy On Project Control…
Project Cost, Scope & Complexity continue to increase, forcing organizations to keep a tight rein on Schedules, Cost & Resources. Towards this end, across the globe project teams have worked vigorously and a lot of them are still working based on past experiences, thumb rules and fire fighting model but due to the fact that high risks are involved with these models, slowly concept of Project Control functions based on objectivity & transparency has evolved in recent years. A lot of tools, procedures and training programmes have been developed over the years and today, smart organisations are using State-of-the-Art Project Control techniques to achieve and maintain profitability. Execution time frame has reduced by upto 30% and cost overruns are restricted considerably after using quality Project Control methods. Project Control function starts with preparation of an effective planning package. Project Planning is a subjective science and mainly makes use of past experience and conceptual understanding of project. Tools & procedures only contribute to streamlining plans and timely Why Quality Project Control is essential for Project SUCCESS ?
monitoring/control of time and cost. In absence of a well thought-out plan, tools alone cannot contribute much. Most of owner organisations have accepted the importance of planning package and made it a contractual requirement to submit a planning package pre and post award of the contracts. Most of the organizations fulfil above requirements by hiring highly experienced Project Control experts with relevant and up-to-date time & cost data for each field on roll or as consultants who help in preparing a good baseline plan based on which supporting staff then work on monitoring and control aspects with the guidance from these experts. However, there is a limited availability of such experts and they are very expensive. Only big organizations, mainly owner organizations, can afford and fully utilize these experts. Such hiring-of-experts model does not work well with medium or small contracting companies. Though, cost of project control is negligible in Why Quality Project Control is essential for Project SUCCESS ? (Contd…)
comparison with time & cost saving achieved thru it, it becomes impractical for medium / small contracting and engineering consultants to keep an array of experts. As a result, a lot of project teams are forced to work on fire fighting model due to lack of professional Project Control support. Planningpackage.com™ is born with the objective to help organizations in achieving quality Project Control functions. We are an extensive network of highly experienced Project Control experts working across the globe in diverse fields such as Oil & Gas, Non-Ferrous Metals, Power, Airport, Railways, Intelligent Buildings & Infrastructure etc. to name a few and in touch with real time/cost data & technical advancements. Web technologies make it possible to utilize this expert resource pool in a cost effective manner without relocating them. Why Quality Project Control is essential for Project SUCCESS ? (Contd…)
We provide an effective planning package, cost estimating and risk management services, tailor-made for a project using latest cutting-edge softwares to Kick-start your Project Control functions. Your In-house team can take on the baton from this point. We provide support and guidance to your project control team in an agreed time frame & in a seamless manner. Following are the brief description of our offered services; • Third Party Independent Monitoring • TPIM services are designed to cater the need of professional, un-biased & issue based project monitoring by top management of Client / Contractor Organizations. The TPIM report shall cover Introduction, Key performance indices, Overall Project Trend, Synopsis, Critical Approval Status, Areas of Concern, Issues requiring Management Attention & Potential risk areas & suggested mitigation measures, as a minimum. • Integrated Planning Network • Integrated Planning Network is a graphical representation of logical sequencing of all the activities loaded with required resources, to be performed on a time scale, to achieve a specified goal. This shall be prepared preferably in Primavera Project Planner or Microsoft Project or any other internationally recognized network Software related to Project Control and Management. • Project Execution Methodology • Project Execution methodology is a detailed write-up, defining various arrangements, methods, approaches & procedures being adopted during execution of the CONTRACT for efficient project controls & management. This will primarily be based on Integrated Planning Network. • Planning Package • Planning Package is a complete solution for effective project control & monitoring. This shall primarily cover the methodology adopted by CUSTOMER for Planning, Scheduling, Monitoring & Reporting. What Planningpackage.com™ can do for you?
Conceptual Cost Estimate • Conceptual cost estimates are prepared during feasibility studies for various technically feasible options using factored estimation and/or parametric models and preliminary Material Take Offs. Typical Accuracy Range for Conceptual Cost Estimate is + 20% to 25%. • EPIC Cost Estimate • EPIC Cost Estimate (Class 3) is prepared upon completion of Front End Engineering Design. Generally, at the completion of FEED, Engineering is almost 20% to 40% complete. Typical Accuracy Range for EPIC Cost Estimate is + 10% to 15%. • Tender Estimate • The intent of this service is to assist CUSTOMER to prepare a winning Tender price while minimizing risks in a systematic way. COMPANY shall prepare Detailed Cost Estimate Template inline with Schedule of Prices & identify critical items / possible venues of cost overruns & savings. • Project Risk Analysis • The Project Risk analysis is a systematic & proactive approach to reduce future uncertainties. This can be achieved by proper implementation of Risk Management Process. The complete Risk Management Process involves Risk Management Planning (RMP), Risk identification, Qualitative Risk Analysis, Quantitative Risk Analysis, Risk Response Planning, Risk monitoring & Control. • Delay Analysis & Arbitration Support • During project execution, In most cases, the actual performance of the project deviates from schedule due to various reasons, resulting in substantial delays. This may result in hefty losses to CUSTOMER due to schedule overrun. If CUSTOMER feels that the schedule overrun is due to any justifiable reasons, He may approach the COMPANY for preparation of Delay analysis & arbitration support. What Planningpackage.com™ can do for you? (Contd…)
Business Processes & Systems Development • The SUCCESS of organizations mainly depends on the effectiveness of their business processes & systems. If engaged by the CUSTOMER, the COMPANY shall review and recommend pragmatic solutions for improving the efficiency of existing system or to setup a new system. The COMPANY shall provide Block Flow Diagrams & Reports for explaining complete business processes & Systems. • It is cost effective and quick. Using our umbrella services is like hiring Consultant on Project basis rather than monthly or yearly commitment basis. Also, mobilisation of new Consultant may take longer time and a person with desired competency level may not be immediately available. • On-job Consultants may not provide sufficient opportunity to your In-house staff to learn Project Control skills effectively. On the other hand, our framework will enable your team to work on widely accepted Project Control procedures, base plans & templates prepared by our experts and thus learning on the job. • Reduced review period due to documents turn-around cycle thru direct uploading/ downloading of documents on the website. • We provide draft deliverables to your In-house Staff / experts for review & comments. Comments / clarifications may be resolved thru E-mails, Chat and Live Tele-discussion/ conference on VOIP. We make sure that your queries are replied thoroughly and quickly. Why Web Based Consultancy instead of hiring On-job Consultants?
Long Term Relationship • Fixed Man-hour rate for a period of 5 years from the Service agreement date. • 10% discount on agreed Man-hour rate over & above 1000 man-hour on yearly basis. • Life Time Relationship • Fixed Man-hour rate for a period of 10 years from the Service agreement date. • 15% discount on agreed Man-hour rate over & above 2500 man-hour on yearly basis. Our Special Offers*… * Terms & Conditions apply
Thank you very much for your time … For further details of our Services and Execution Methodology, please visit www.planningpackage.com