The document describes a project control system called Wrench that automates project documentation, monitoring, and reporting. It simplifies document management, enables real-time progress tracking, ensures quality compliance, and provides accurate data to management for timely decision making. Wrench captures project data directly, eliminating manual updates. Customers have experienced up to 200% improved processes, 40% faster engineering cycles, and 100% quality improvements using the system.
Control is one of the key functions of any management process. The uncontrolled or unexamined project is not worth much. However effective the project plan may be without regular reviews during the life of the project neither the project progress nor the reality of the plan can be assessed. An effective and efficient control system enables! the project manager to answer the question. "How are we doing on the project ?" at any stage of the project.
According to Henry Fayol "The control means seeing that everything occurs in conformity with established rules and expressed command."
Control is one of the key functions of any management process. The uncontrolled or unexamined project is not worth much. However effective the project plan may be without regular reviews during the life of the project neither the project progress nor the reality of the plan can be assessed. An effective and efficient control system enables! the project manager to answer the question. "How are we doing on the project ?" at any stage of the project.
According to Henry Fayol "The control means seeing that everything occurs in conformity with established rules and expressed command."
This presentation is answering the questions of chapter 11 from Jack Meredith's book,'Project Management', and is about how a project can and has to be controlled.
Project Controls are the data gathering, data management and analytical processes used to predict, understand and constructively influence the time and cost outcomes of a project or programme; through the communication of information in formats that assist effective management and decision making."
This is the 4th presentation as part of PM Awareness Sessions I\'ve made for my company\'s (ITEC) staff to increase their awareness of PM best practices.
This presentation is answering the questions of chapter 11 from Jack Meredith's book,'Project Management', and is about how a project can and has to be controlled.
Project Controls are the data gathering, data management and analytical processes used to predict, understand and constructively influence the time and cost outcomes of a project or programme; through the communication of information in formats that assist effective management and decision making."
This is the 4th presentation as part of PM Awareness Sessions I\'ve made for my company\'s (ITEC) staff to increase their awareness of PM best practices.
Automation in Post-Production — Boris Polyak for NATEXPO 2016Boris Polyak
Slides for my talk about automation in post-production of entertainment television, the though behind the steps and examples from our Telestream Vantage experience.
presentation on work breakdown structure and critical pathchotenawabraza
its shows a WBS/CPM of an company working on manual and automation technology (company switching towards automated tech. and wants to know the difference b/w the manual and automated technology .
So this company approaches to our company to know the difference,so here we are to explain them with help of WBS/CPM to there technical and management department with there chairman in meeting
Practical Project Cost Control for Large Complex ProjectsJeremie Averous
In this talk given at the Singapore Project Management Institute in December 2014, Jeremie Averous details key success factors for cost control in large, complex projects:
- how and why Project Cost Control is different from Accounting or manufacturing Cost Control,
- Project Value Delivery's 14 Golden Rules or Project Cost Control,
- the Profile and training of project cost controllers,
- the different cost forecasting methods,
- Project performance financial accounting using Percentage of Completion accounting,
- Basic Project Cost Control Forensics methods
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
EngineerOffice is a beautiful time tracking, billing and project management software made for the modern engineer. Whether you’re working remotely or on-site, the software’s intuitive and
streamlined design allows you to stay organized and up-to-date on projects anytime, anywhere and on any device.
It offers the mobility and freedom to run your firm across all major platforms. We make it easy for you to manage all your information in one place so you can get what you need, whenever you need it.
Along with powerful business management tools to help you
efficiently track employee workload, project budget and billing schedules, you have everything to speed up productivity while increasing profitability for your firm.
How Schneider Electric Transformed Front-office Operations With Real-time Dat...Informatica Cloud
Many of the world’s corporations use Salesforce.com to drive their front office, and while most experience success others encounter roadblocks and difficulties as their Salesforce footprint grows. Countless customers suffer from a lack of up-to-date information which impedes business progress and stifles end-user productivity.
This presentation describes how Schneider Electric SE, a multinational corporation that specializes in electricity distribution, automation management and components product for energy management, used Informatica Cloud to improve the operational efficiency of their Salesforce.com front-office.
It also details how Schneider Electric was able to make key data readily available to Sales teams in real-time, on the right device, to ensure the success of a highly visible front-office integration initiative.
To watch this presentation visit : http://youtu.be/kU2A1xMvaI8
For a 30 day free trial of Informatica Cloud visit:
http://www.informaticacloud.com/trial
Digital Time Capture hosts a webinar to explain how DTC Timesheet Software, designed specifically for the industrial construction industry, integrates with Primavera.
The 3 Pillars of Remote Application DevelopmentJenna Starmer
Application development is already challenging in the best of times, so how can you handle it when your entire development team is suddenly working from home? According to a Gartner survey, 88 percent of companies have encouraged or required employees to work from home since March 2020.
Unfortunately, this has set too many AppDev teams adrift, unprepared for the new normal of telecommuting. Some businesses have adopted stopgap solutions that aren’t sustainable in the long run, while others are feeling the pinch of tightened budgets and stressed employees. If you’ve got challenges here too, we can help.
Watch the hour-long webinar where we’ll discuss the three essential factors that separate the high achieving remote application development teams from those struggling to adapt.
Your business is growing and so is your cost to maintain a system you have outgrown. Emerging project-based businesses just can’t handle the inefficiencies and risk that a generic tool like QuickBooks creates.
The decision to change tools is difficult but the choice of tools to replace your old system is easy. Unanet is the clear choice to manage your projects, people, and financials. This webinar will show you how Unanet can transform your business.
Learn more at: https://www.unanet.com/news/demand-webinars
[Webinar Slides] Working Faster and Smarter in a Digital Transforming World W...AIIM International
In this webinar, we’ll share the 5 Essential Capabilities every digital transformation initiative needs to succeed.
Want to follow along with the webinar replay? Download it here for FREE: working-smarter-and-faster-in-a-digital-transforming-world
Information Systems Capstone
Contents
1.0 Introduction
Singh, Shirah, and Barber Financial Holdings LLC. continues to grow its business, increasing their dependency on information technogy. The firm has reached a point where a more flexible, scalable, straightforward infrastructure, and easily managed applications are required for sucessful business practices. A solution like Amazon Web Services (AWS) can provide the computer power, storage, and other resources needed as the firm expands.
Solution
s of this magnitude do require a considerable amount of upfront investment, but will provide minimal cost for subsequential years reducing overall capital expenses. This solution will also enable minimal effort when moving applications to the cloud, minimizing support, to include administrative cost while retaining performance, security, reliability, and data integrity. 1.1 Company at a Glance
Singh, Shirah, and Barber Financial Holdings LLC., has drastically increased the number of clients and accounts over the past couple of years. This growth prompted the need for more qualified staff, additional offices and space, and newer communication technologies to facilitate services and improved management. The firm has acquired several buildings in various cities which are ready to be outfitted with network infrastructure, user workstations, peripherals and software applications. 1.2 Challenges
With just one present location in XYZ city growth in its industry is challenging, therefore the opening of several branch locations in various cities coupled with the data migration to a cloud service has become its number one project. The firm’s current infrastructure is limited, it does not currently have a full scale WAN and remote access (VPN), only a local LAN through the major local ISP is employed. All backups are stored onsite with tape copies sent to a cold off site location. Databases with all financial information are stored in the local server and there are no true access control restrictions. Additionally, there is only one system administrator performing all major database tasks and network functions.
Financial health is one of the most protected types of digital content. Finding ways to store, secure, and manage such data in this ever changing world of computing is a challenge. In order for the firm to grow and blossom, a large and fast LAN/WAN network is needed. Such network must provide access to internal resources via secure methods of authentication and also from the outside by a secure web interface client. VPN capabilities for traveling and visiting staff should provide a secure connection to internal resources. Access to the network and network shares must be tightly secured based on departmental roles. All databases will be kept in separate servers and backups will be conducted routinely (Weekly, Monthly; incremental/full). Access to database tables will be based on individual approval; single sign on authenti.
Using Lean Thinking to Identify and Address Delivery Pipeline BottlenecksIBM UrbanCode Products
Inefficient software delivery impacts the entire business, from line of business units, to operations, to development and test, and the variety of suppliers.
Wastes in your processes are causing bottlenecks.
Join Eric Minick, IBM DevOps Evangelist (and UrbanCode guy), as he explores how ‘Lean Thinking’ techniques can be leveraged to help identify ‘bottlenecks’ in your delivery pipeline that can be addressed by adopting DevOps.
Ask the Experts Panel: How Customers Add Value to ServiceNow Discovery and Se...Precisely
As organizations today try to ensure that their digital transformation is executed as efficiently as possible, IT teams are tasked with delivering an ever-increasing number of services to the business. To effectively manage these mission-critical services, IT needs to know how they work—which infrastructure components and applications deliver a service and how they interact. Without this service visibility, there’s no easy way to resolve service outages, optimize service architectures, or assess the service impact of infrastructure changes. This is even more challenging when the business relies on siloed legacy systems like the mainframe and IBM i.
ServiceNow® Discovery builds on discovered infrastructure data to identify all the Configuration Items (CIs) that support a service, along with their service-specific relationships. It works hand-in-hand with ServiceNow® Service Mapping, which automates the service mapping process — creating a complete, up-to-date, and accurate record of your digital services in the ServiceNow® Configuration Management Database (CMDB). IT organizations with mainframe and IBM i can get more value out of these vital ServiceNow® Workflows by leveraging Precisely Ironstream to bring in mission-critical machine and log data from these previously siloed systems.
Watch this Ask the Experts Panel as they explore customer success stories and discuss how organizations are using ServiceNow and Ironstream to deliver a comprehensive, real-time view of their IT landscape. Our experts will discuss:
• How Discovery and Service Mapping Workflows allow customers to optimize their IT infrastructure
• Why mainframe and IBM i machine and log data vital to IT Ops teams
• How Ironstream enhances Service Mapping and Discovery to strengthen IT operations
Tasktop CEO, Mik Kersten, and Nationwide Technology Director, Carmen DeArdo, present the case for Value Stream Architecture at DevOps Enterprise Summit 2017.
2. Project Control System Varghese DANIEL kvdaniel@wrenchsolutions.com Deliver projects on-budget and on-time. Vincent CHIA vchia@wrenchsolutions.com
3. “To be honest on this regard I think that when we set out on the Wrench Installation it was envisaged to some degree to be a document control tool, which to our benefit has now evolved to be a project control tool, being used by all. ” Clint Nisbet MSc, BSc, MCIOBMurray Roberts Construction Manager simplifies your life .
6. Report generation…now these were the simpler tasks achieved by Energy City Qatar a real estate developer while planning for their $2.6 billion project in Doha, Qatar simplifies your life .
7. 40% reduced design cycles 25% quality team efficiency 100% ISO compliance …now these were the simpler tasks achieved by CH2MHILL VECO Engineering, providing EPC services to the Oil & Gas industry. simplifies your life .
8. 40% faster engineering cycle times 100% data security 100% quality enforcement …now these were the simpler tasks achieved by Khatib & Alami (K&A), a multidisciplinary architectural and engineering consulting company simplifies your life .
9. 34% reduced design cycles 0% documentation errors 100% quality improvements …now these were the simpler tasks achieved in project 611 by Al-Habtoor Leighton Engineering & Construction group. simplifies your life . www.wrenchsolutions.com/epc
10. Burning questions Are we ahead or behind schedule? Are we over or under-spending? How far off course are we? Where are the bottlenecks? How to fix them? What is exact progress as of now? What is %age completion of this deliverable? Are we meeting ISO standards? How efficiently are we using resources? ■
11. Inadequate answers Because of: Manual updates (not real-time) Lack of integration (schedules / documents) Inadequate change management Communication deficit Inadequate ISO enforcement (rework) Lack of accountability ■
12. Our solution It records transactions as they occur. You get accurate indication of progress and problems encountered during execution. ■
13. We will set up… Web-based system On-site configuration & training Online project monitoring Automated data capture System-managed documents Real-time communication ■ Control
14. Package to payoff What is the progress? (cost/schedule performance index) Work package Deliverables What percentage is completed? Were they completed on schedule? Milestones Without WRENCH, you need about 2000 manual updates per week (assuming 500 deliverables per package) to assess progress
15. Package to payoff Assessing progress is easy, immediate, and 100% accurate! Work package Automatic updates – planned vs. actuals (of start/finish dates) captured directly by WRENCH. Deliverables Automatic updates: Actual finish date captured by WRENCH. Milestones With WRENCH. . .
16. But what is WRENCH? A transparent working environment: deliverables and estimated hours can be easily measured. A planning tool: teams get clear ‘To-Do’ list and defined target dates for each activity. A monitoring platform: resources track their own work (system updates individual progress) A boon for management: lead engineers and discipline heads get instant access to planned progress vs. actual progress and present status. An aid to problem-solving: managers can ‘drill down’ and pinpoint the exact bottleneck or problem causing delay. ■
20. You get: status S-Curve Budget at Completion Actual Costs Planned Value Earned Value
21. You get: the big picture: Current position Time Cost Ahead of Schedule Under Budget On Schedule Under Budget Behind Schedule Under Budget Ahead of Schedule On Budget On Schedule On Budget Behind Schedule On Budget Ahead of Schedule Over Budget On Schedule Over Budget Behind Schedule Over Budget
22. In short: 360° value Secure central storage Collaborative platform (offices, vendor, client, site etc.) File transfers via satellite servers (much faster than FTP) Correspondence management Change management (minutes of meetings, action plans) Multi-level security for optimum control/flexibility ■
23. Evaluation(Where did you plan to be?) Measurement(Where are you?) Correction(How to get back on track?) Summary On-time On-budget On-time On-budget
24. Benefits 100% efficient project control 100% quality assured 60% reduction in project management efforts 100% efficient document control/Management ■
27. List of work packages of a project Present Process
28.
29. Cannot be sure of actual progressActual Date Manual Entry Actual Date Manual Entry Actual Date Manual Entry Actual Date Manual Entry PRIMAVERA 02-Jul-10 04-Jul-10 02-Jul-10 02-Jul-10