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Big enough to deliver – small enough to care

Big enough to deliver – small enough to care. Pims Cost Management. Pims Cost Management - Features. Large variety of built-in reports Scope and Change Management Earned Value Management Powerful analysis tools Project Commitments Management

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Big enough to deliver – small enough to care

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  1. Big enough to deliver – small enough to care

  2. Pims Cost Management

  3. Pims Cost Management - Features • Large variety of built-in reports • Scope and Change Management • Earned Value Management • Powerful analysis tools • Project Commitments Management • Supports multiple projects and projects with multiple owners (joint ventures)

  4. Cost Management Process in Pims

  5. Setting up the WBS • Identify Facilities, Responsibility and Activities • Forms the basis for: • Estimating • Reporting • Reference all Project Control Information • Up to 10 levels deep • Corporate standard/ Project specific • Alternative Structures • Owner Split

  6. Cost Management in Pims

  7. Enter Estimates • Document basis of Estimate • Quantities • Norms • Rates • Track all Changes to Estimate • Contract Register • Change Register • Personnel Register

  8. Cost Management in Pims

  9. Cost and Progress Planning • Time phase the projects • Estimate (Reporting basis for new baseline) • Progress • Total Forecast • Budget • Per work package • Pre-defined profiles for early phase • Inflates / deflates

  10. Cost Management in Pims

  11. Baselines • Functionality for activating and archiving baselines Report against thecurrent baseline Establish new baseline Archive baselines before establishing new Activate Baseline Archive Baseline Forecast Current Baseline Archived Baseline

  12. Cost Management in Pims

  13. Contract Management • Full contract register • Document and Track all Commitments • Original Contract • Change Requests • Growth • Milestones • Responsibility • Scope of work • Link with • Project Control Basis • Invoice Verification

  14. Cost Management in Pims

  15. Cost Management in Pims

  16. Status Reporting • Merge multiple reports into a single PDF file • Supports all Pims reports • Import Schedules and Pictures • Add Narrative text • Distribution matrix

  17. Cost Management in Pims

  18. Cost Change Management • Register to keep track of all queries • Easy to create new forms • Attach external files • All change request forms in one location • Approval Process • Change Proposal (CP) Report

  19. Cost Management in Pims

  20. Forecasting • Project Forecasting • Expert Judgment • Based on Contracts/PO information • Based on Cost Changes • Based on Earned Value Management principles • Based on Risks Cost Impact

  21. Cost Analyzing • Pivot grids • Export to Excel • Compare baselines

  22. Demo Case: Balder Project scope: Design and build a FPSO Joint venture between Pacific Oil Company (75%) and Arctic Oil and Gas (25%) Demonstrates how Pims deals with: • Owners cost / personnel cost • Different types of contracts • Changes • Earned Value Management • Forecasting • Budgets and Funding • Reporting

  23. WBS

  24. FPSO - Basic Engineering • Reimbursable Contract • Focus: • Earned Value Analysis • Change Management

  25. FPSO - Hull and Living Quarters • Lump Sum, Fixed Price Contract • Focus: • Change Management

  26. FPSO - Topsides • Reimbursable Contract for the Engineering scope, fixed-unit price on construction and installation • Focus: Earned Value Analysis, Change Management, Quantity Management

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