This document evaluates current systems and processes at ATCO Engineering & Contracting's engineering division and provides recommendations. It finds that key processes like estimation, planning, procurement, payroll, inventory management, and job costing are mostly done manually with redundant data entry, lacking integration between functions. The recommendations include implementing an ERP system to integrate processes, automate data entry and workflows, and capture more project data for analysis to improve project management. A phased implementation plan is proposed starting with shorter term wins in procurement, budgeting, and payroll, followed by longer term changes to estimation and planning.
Regardless of the size and complexity of a manufacturer’s raw and finished goods, where many factories struggle is with the taking and accounting of WIP or "Work in Progress" inventory. How it is calculated, why it is important and how software can help you? Read more from MRPeasy blog.
https://manufacturing-software-blog.mrpeasy.com/2019/03/12/work-in-process-inventory-accounting
https://www.mrpeasy.com/
TAG Presents Construction Job Costing and Accounting for AGCTAG
TAG | The Accounting Group | TAG provides outsourced accounting and software for the construction industry. As part of the Construction Financial Management Series, TAG hosted "Job Costing and Accounting" for the San Diego Chapter of the Association of General Contractors. visit www.teamtag.net to learn more about services for the construction industry.
An introduction to an effective earned value management system (EVMS) webinar series part 1
Tuesday 29 September 2020
presented by
Scot Butcher and Martin Eveleigh
The link to the write up page and resources of this webinar:
https://www.apm.org.uk/news/an-introduction-to-an-effective-earned-value-management-system-evms-webinar-series-part-1/
The project management monitoring and controlling starts as soon as a project begins. Project monitoring and controlling processes are where the performance of the project is measured and action is taken based on an analysis of this data.
3rd Forum on Construction Project Management Theory VS Practice (Project Cost) :-
1. PMBOK - Project Management Knowledge Areas and Process Group
2. Project Life-cycle
3. Project Cost
4. Project Appraisals
5. Financial Analysis
6. Total Cost of Ownership (TCO)
Regardless of the size and complexity of a manufacturer’s raw and finished goods, where many factories struggle is with the taking and accounting of WIP or "Work in Progress" inventory. How it is calculated, why it is important and how software can help you? Read more from MRPeasy blog.
https://manufacturing-software-blog.mrpeasy.com/2019/03/12/work-in-process-inventory-accounting
https://www.mrpeasy.com/
TAG Presents Construction Job Costing and Accounting for AGCTAG
TAG | The Accounting Group | TAG provides outsourced accounting and software for the construction industry. As part of the Construction Financial Management Series, TAG hosted "Job Costing and Accounting" for the San Diego Chapter of the Association of General Contractors. visit www.teamtag.net to learn more about services for the construction industry.
An introduction to an effective earned value management system (EVMS) webinar series part 1
Tuesday 29 September 2020
presented by
Scot Butcher and Martin Eveleigh
The link to the write up page and resources of this webinar:
https://www.apm.org.uk/news/an-introduction-to-an-effective-earned-value-management-system-evms-webinar-series-part-1/
The project management monitoring and controlling starts as soon as a project begins. Project monitoring and controlling processes are where the performance of the project is measured and action is taken based on an analysis of this data.
3rd Forum on Construction Project Management Theory VS Practice (Project Cost) :-
1. PMBOK - Project Management Knowledge Areas and Process Group
2. Project Life-cycle
3. Project Cost
4. Project Appraisals
5. Financial Analysis
6. Total Cost of Ownership (TCO)
A brief introduction on various concepts of Project Cost, covering various types of Project Costs, Processes to be followed for developing project budget, project budget components, contingency and management reserves, earned value management
Chapter 09 of ICT Project Management based on IOE Engineering syllabus. This chapter mainly focuses on cost and project, cost management, cost estimating and more related to cost and project. Provided by Project Management Sir of KU
The document will enable the reader to have a better understanding on the different ways of progress measurement and help decide an individual the reporting type that is beneficial for them.
Accounting System Compliance for Non-AccountantsRobert E Jones
Many government contracts and grants require an "adequate" or "approved" accounting system. In this session, you will understand what products and what action you need to take to have an "approved" compliant accounting system that meets government requirements. Review real-life scenarios, dispel myths in the industry, and learn how to handle and avoid common pit-falls and misconceptions.
First published In 1996, John P. Kotter's Leading Change became a classic outlining an eight-step program for organizational change that was embraced by executives around the world. Then, Kotter and co-author Dan Cohen's The Heart of Change introduced the revolutionary "see-feel-change" approach, which helped executives understand the crucial role of emotion in successful change efforts. The Heart of Change Field Guide written by Dan Cohen and forwarded by John Kotter provides leaders and managers tools, frameworks, and advice for bringing these breakthrough change methods to life within their own organizations.
Liderar el Cambio
Profesor John Kotter, ha estudiado cientos de organizaciones en búsqueda de sus mejores prácticas para lograr un cambio duradero, y como resultado sus años de estudio y análisis, nos dice que el dominador común entre las entidades que fueron exitoso en lograr el cambio es los siguientes ocho pasos que adoptaron:
1. Crear un sentido de urgencia.
2. Crear un equipo de liderazgo.
3. Desarrollar una visión estratégica del cambio.
4. Comunicar y vender la visión para ser comprendida.
5. Facultar a otros para actuar.
6. Producir éxitos a corto plazo.
7. No parar, consolidar el cambio y seguir moviéndose.
8. Crear una Nueva Cultura.
Estamos viviendo momento de cambio, y creo que podemos aprender mucho de este resumen del libro liderando el cambio. Obviamente el tema es mucho más complejo, y de hecho el mismo autor tiene libros sobre cada uno de los ocho puntos, pero mi propósito es introducir la idea y en próximos post del repente voy elaborar más en algunos puntos.
Bolivia Decide es una plataforma de participación ciudadana donde ciudadanos, organizaciones e instituciones públicas pueden colaborar entre ellos en iniciar, planificar, gestionar y controlar espacios participativos como:
procesos participativos.
Asambleas
Consultas
Iniciativas
Interactuando con estos espacios mediante:
Propuestas
Votación
Rendición de cuentas
Otros componentes.
Bolivia Decide se basa en el herramienta “Decidim” que es una iniciativa del municipio de Barcelona y es de código abierto.
A brief description of a new invoicing module added to wikiprojects, where project stakeholders can define project payment terms, invoice their clients, and generate related reports
wikiprojects es una herramienta de gestión de proyectos disponible como servicio en el web y esta desarrollada usando dotProject y otros programas de código fuente abierto.
wikiprojects combina la gestión de planeamiento, ejecución y control y monitorio de los proyectos en una plataforma colaborativo, integrado y de uso amigable.
A web based open source (free) project management/collaboration tool.
dotProject combines planning, management and collaboration in one easy to use interface.
Wikiprojects is a web based management application that facilitate the collaboration and interaction of all people involved in the project during the different project phases and on all of the project management knowledge areas in one single user-friendly, customizable and secure platform.
Wikiprojects is build on top of dotProject which is an opensource project management tool and uses additional add-on modules and customization so as to make it compatible with PMI-PMBOK project management processes.
Cosmetic shop management system project report.pdfKamal Acharya
Buying new cosmetic products is difficult. It can even be scary for those who have sensitive skin and are prone to skin trouble. The information needed to alleviate this problem is on the back of each product, but it's thought to interpret those ingredient lists unless you have a background in chemistry.
Instead of buying and hoping for the best, we can use data science to help us predict which products may be good fits for us. It includes various function programs to do the above mentioned tasks.
Data file handling has been effectively used in the program.
The automated cosmetic shop management system should deal with the automation of general workflow and administration process of the shop. The main processes of the system focus on customer's request where the system is able to search the most appropriate products and deliver it to the customers. It should help the employees to quickly identify the list of cosmetic product that have reached the minimum quantity and also keep a track of expired date for each cosmetic product. It should help the employees to find the rack number in which the product is placed.It is also Faster and more efficient way.
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
Hybrid optimization of pumped hydro system and solar- Engr. Abdul-Azeez.pdffxintegritypublishin
Advancements in technology unveil a myriad of electrical and electronic breakthroughs geared towards efficiently harnessing limited resources to meet human energy demands. The optimization of hybrid solar PV panels and pumped hydro energy supply systems plays a pivotal role in utilizing natural resources effectively. This initiative not only benefits humanity but also fosters environmental sustainability. The study investigated the design optimization of these hybrid systems, focusing on understanding solar radiation patterns, identifying geographical influences on solar radiation, formulating a mathematical model for system optimization, and determining the optimal configuration of PV panels and pumped hydro storage. Through a comparative analysis approach and eight weeks of data collection, the study addressed key research questions related to solar radiation patterns and optimal system design. The findings highlighted regions with heightened solar radiation levels, showcasing substantial potential for power generation and emphasizing the system's efficiency. Optimizing system design significantly boosted power generation, promoted renewable energy utilization, and enhanced energy storage capacity. The study underscored the benefits of optimizing hybrid solar PV panels and pumped hydro energy supply systems for sustainable energy usage. Optimizing the design of solar PV panels and pumped hydro energy supply systems as examined across diverse climatic conditions in a developing country, not only enhances power generation but also improves the integration of renewable energy sources and boosts energy storage capacities, particularly beneficial for less economically prosperous regions. Additionally, the study provides valuable insights for advancing energy research in economically viable areas. Recommendations included conducting site-specific assessments, utilizing advanced modeling tools, implementing regular maintenance protocols, and enhancing communication among system components.
Automobile Management System Project Report.pdfKamal Acharya
The proposed project is developed to manage the automobile in the automobile dealer company. The main module in this project is login, automobile management, customer management, sales, complaints and reports. The first module is the login. The automobile showroom owner should login to the project for usage. The username and password are verified and if it is correct, next form opens. If the username and password are not correct, it shows the error message.
When a customer search for a automobile, if the automobile is available, they will be taken to a page that shows the details of the automobile including automobile name, automobile ID, quantity, price etc. “Automobile Management System” is useful for maintaining automobiles, customers effectively and hence helps for establishing good relation between customer and automobile organization. It contains various customized modules for effectively maintaining automobiles and stock information accurately and safely.
When the automobile is sold to the customer, stock will be reduced automatically. When a new purchase is made, stock will be increased automatically. While selecting automobiles for sale, the proposed software will automatically check for total number of available stock of that particular item, if the total stock of that particular item is less than 5, software will notify the user to purchase the particular item.
Also when the user tries to sale items which are not in stock, the system will prompt the user that the stock is not enough. Customers of this system can search for a automobile; can purchase a automobile easily by selecting fast. On the other hand the stock of automobiles can be maintained perfectly by the automobile shop manager overcoming the drawbacks of existing system.
Quality defects in TMT Bars, Possible causes and Potential Solutions.PrashantGoswami42
Maintaining high-quality standards in the production of TMT bars is crucial for ensuring structural integrity in construction. Addressing common defects through careful monitoring, standardized processes, and advanced technology can significantly improve the quality of TMT bars. Continuous training and adherence to quality control measures will also play a pivotal role in minimizing these defects.
Explore the innovative world of trenchless pipe repair with our comprehensive guide, "The Benefits and Techniques of Trenchless Pipe Repair." This document delves into the modern methods of repairing underground pipes without the need for extensive excavation, highlighting the numerous advantages and the latest techniques used in the industry.
Learn about the cost savings, reduced environmental impact, and minimal disruption associated with trenchless technology. Discover detailed explanations of popular techniques such as pipe bursting, cured-in-place pipe (CIPP) lining, and directional drilling. Understand how these methods can be applied to various types of infrastructure, from residential plumbing to large-scale municipal systems.
Ideal for homeowners, contractors, engineers, and anyone interested in modern plumbing solutions, this guide provides valuable insights into why trenchless pipe repair is becoming the preferred choice for pipe rehabilitation. Stay informed about the latest advancements and best practices in the field.
Democratizing Fuzzing at Scale by Abhishek Aryaabh.arya
Presented at NUS: Fuzzing and Software Security Summer School 2024
This keynote talks about the democratization of fuzzing at scale, highlighting the collaboration between open source communities, academia, and industry to advance the field of fuzzing. It delves into the history of fuzzing, the development of scalable fuzzing platforms, and the empowerment of community-driven research. The talk will further discuss recent advancements leveraging AI/ML and offer insights into the future evolution of the fuzzing landscape.
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdfKamal Acharya
The College Bus Management system is completely developed by Visual Basic .NET Version. The application is connect with most secured database language MS SQL Server. The application is develop by using best combination of front-end and back-end languages. The application is totally design like flat user interface. This flat user interface is more attractive user interface in 2017. The application is gives more important to the system functionality. The application is to manage the student’s details, driver’s details, bus details, bus route details, bus fees details and more. The application has only one unit for admin. The admin can manage the entire application. The admin can login into the application by using username and password of the admin. The application is develop for big and small colleges. It is more user friendly for non-computer person. Even they can easily learn how to manage the application within hours. The application is more secure by the admin. The system will give an effective output for the VB.Net and SQL Server given as input to the system. The compiled java program given as input to the system, after scanning the program will generate different reports. The application generates the report for users. The admin can view and download the report of the data. The application deliver the excel format reports. Because, excel formatted reports is very easy to understand the income and expense of the college bus. This application is mainly develop for windows operating system users. In 2017, 73% of people enterprises are using windows operating system. So the application will easily install for all the windows operating system users. The application-developed size is very low. The application consumes very low space in disk. Therefore, the user can allocate very minimum local disk space for this application.
Water scarcity is the lack of fresh water resources to meet the standard water demand. There are two type of water scarcity. One is physical. The other is economic water scarcity.
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1. ATCO Engineering & Contracting
Current Systems and Processes
Evaluation and Recommendations
By Ahmed Rami Elsherif
03/11/2007
2. Introduction
• Engineering is the biggest division of ATCO group as for revenues
and number of employees.
• Importance of information systems (IS) implementation in
construction management has grown rapidly.
• ERP Implementation project is a Business Project. Information
Technology is a supplier and facilitator for such a project but it
needs the full support and guidance from management.
• ATCO-ENGINEERING In Numbers……..
3. Management !!!!!:
Is the process of coordinating the available resources to
achieve the goals of the Organizational Unit and, by
extension of the whole organization.
4. Engineering Departments or
Processes Evaluated
• Estimation
• Planning.
• Procurement.
• Payroll and Time sheet control and distribution.
• Inventory.
• Fixed Assets and Equipment control.
• Job Costing and cost control.
• Billing.
• Budgeting.
5. Construction Project Lifecycle
Estimation Planning
Execution
Excel Based. Lacks
controls and retro
alimentation from
executed data.
Done in Primavera but
it lacks integration with
Estimation and
Execution
Done in Accpac and
Atco menu. It suffers
from redundant work.
6. Estimation
Client’s BOQ
ATCO BOQ
Allocation of Costs
Margin Evaluation
Approval of BID
Presentation to Client
Client’s Project Plans
Manual Take Off
7. Estimation - Observations &
Recommendations
• Databases for Codes, unit cost items such as worker wage
rates, equipment rental or material prices, and productivity
rates. These databases can be used for any cost estimate
required.
• Import utilities from computer aided design software for
automatic quantity-take-off of components.
• Consider outsourcing take-off.
• Integration between estimates, cost control and scheduling
software. This is very helpful to begin the management of costs
during construction.
• Workflow for estimate approval and revisions.
• Human Resources Evaluation and Recruitment.
8. Planning
Construction Planning
Costs - BOQ
Direct
Costs
Scheduling - TIME
Indirect
Costs
Time
Oriented
CPM
Resource
Oriented
1. Planned Cash Flow
2. Purchasing Plan
3. Project Time Plan
4. Resource Requirement Plan
9. Procurement
Purchase Requisition
Approval PR
Offer Evaluation
Purchase Order
Approval PO
Reception of Goods
ERP
Budget
Accounting & Finance
Purchasing Limit
Material Management
10. Procurement - Observations &
Recommendations
• Relate Procurement to BOQ and Job Costing. No PO should be
processed without reference to BOQ.
• PO should be approved by cost controller.
• Map procurement process and workflow to ERP.
• Revise purchasing competency levels structure.
• Revise fixed assets purchasing process for projects.
• Revise petty cash reimbursement process.
• Supplier invoice should be received by accounting.
• Don’t receive supplier invoice if there is no reception of
material or acceptance of service note from the site.
11. Payroll and Timesheet
Manual Time sheets in
Site
Re entry of same data
in payroll forms
Process by
Personnel Dept.
Manual Preparation of
cash envelopes
Manual Entry in Accpac
Manual Entry in
ATCO Menu
12. Payroll - Observations &
Recommendations
• A time consuming and redundant process (5 Work Days from
Accounting Dept.)
• Use time management system; Like card and/or fingerprint
system to collect attendance and extra hours.
• Prepare a formatted Excel Sheet for data submittal from
project site.
• Prepare an import – export interface to the payroll system.
• Prepare a Payroll – Accpac interface for journal entry
generation.
• Study the possibility of paying payroll by Bank Money transfer.
13. Inventory
IN OUT
ATCO PO
Supplier Delivery Note
ATCO Reception Note
Material Request
Availability Check
Delivery Confirmation
14. Inventory – Observations &
Recommendations
• Currently all inventory receptions are charged to project cost
and annual adjustment is being done based on physical count.
Advantage: A practical Solution given the current
Situation.
Disadvantage: Waste is implicit in consumption.
• Define inventory items and cost items if necessary. Do stock
control only on inventory items.
15. Fixed Assets & Equipment.
Equipment Time Sheet
Depreciation Applied
To Projects
16. Equipment – Observations &
Recommendations
• Depreciation is distributed based on other costs per project.
• If we have a time sheet for work done by machines we could
distribute based on work done for each project.
18. Job Costing – Definition
Percentage-Of-Completion Method
Method that recognizes profit on a long-term construction contract as it is
earned gradually during the construction period. This approach is preferred
over the Completed Contract Method because it does a better job of matching
revenue and expense in the period of benefit. It should be used when reliable
estimates of the degree of completion are possible. It is more realistic and
levels out the earnings. Under the method, the measure of revenue to be
recognized each year is equal to percentage completed x contract price. One
approach to estimate the percentage completed is based on the following
relationship:
Any revenue that had been recognized in a prior period is subtracted from the
cumulative total in arriving at the current period's income.
19. Job Costing – Observations &
Recommendations
• Any change to the revenue formula variables must be
approved and supported with proper documentation such as:
o Change Orders.
o Estimate Changes.
o Certified Percentage of Completion.
• Cost assignation should be done by operational people.
• Total Revenue must be less than or equal to contract value.
• Integration between job costing and other processes (e.g.
Procurement, Payroll, Inventory, Billing, others).
21. Billing – Observations &
Recommendations
• Billing is done manual in the site. No control over
billed/unbilled.
• Billing should be based on progress registered in planning
application (Primavera).
23. Budget – Observations &
Recommendations
• Is done by project managers based on their site estimations
and projections for next year.
• It should be based on BOQ-Plan versus execution.
24. Proposed Plan
3-9 Month
• Procurement and link to BOQ.
• Budgeting.
• Payroll and Time sheet control and distribution.
• Fixed Assets and Equipment control.
• Inventory.
• Job Costing and cost control.
6-18 Month
• Estimation.
• Planning.
• Billing.
25. Conclusion
A proposed formula to estimate the value of
information in the enterprise is:
The Value of Information ~ Users2 X Business Area
Our first objective is to increase both variables of
the formula so that we create an iterative cycle of
interaction between the IS and users to improve
the quality of information and processes.