Managing a project comes with a big basket of challenges, some of which are just without any prior notice. Hence, understanding the critical components goes beyond what any project report can document. Project reports are prepared to meet specific requirement, be it for financial institutions for securing finance or may be for submission to authorities for securing specific permissions.
It is important to understand whether such a project report will help in your implementation and landing the project within the specified timeline and budget. In most cases, these reports are preliminary worksheets which need to be drilled down to micro level in working out the implementation planning with the following six management and monitoring tool.
- Parameters and Management
- Resource Mapping
- Risk Mitigation Plan
- Expert Control Mechanism
- Budgeting and Spend Tracking
- Timeline Management
We work with our clients in helping them define the aspects specific to the project requirements, controlling the progress using the above tools and monitor deviations, if any, on a continuous basis for time driven corrective actions.
The earliest we are onboarded by client; it works better to the benefit of the project. This helps in proper resource utilization and reduce rework and implementation cost.