dcsimg Planning and Monitoring - Project and Portfolio Management Solutions - Ramboll
 
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Project and Portfolio Management Solutions

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Planning and Monitoring Services

Ramboll help customers plan and monitor complex project using a "Best Practice" approach supported by modern and efficient tools. 
Construction projects need careful planning and monitoring
 

Structuring the project

Using Work Break Down Structures (WBS) the work at hand is divided into manageable sized parts. WBS planning is considered a best practice within the planning field. The WBS packages contain activities that form the basic element of all planning work including assignment of resources and steps for measuring project progress using Earned Value Management (EVM). The activities and the derived deliverables and resources to carry out the scope of activities are scheduled by adopting an ATR approach (Activities, Time, and Resources). The schedule defines the plan and establishes critical information such as start and finish dates, milestones and the allocation of resources. The schedule and the related cost structure is an important part of the overall budget and scope after initial agreement and approval by the customer.

Planning and Monitoring

Progress reporting

Controlling the momentum of the project is managed by progress reporting. This informs about the state of the project with regard to deviations from the approved schedules and budgets.
Through root cause analysis, they help identify and define any corrective and remedial actions for bringing the project back on track.

Controlling cost and forecasting

Well prepared budgets and continuous preparation of forecasts based on past experience combined with future estimates are essential in controlling cost. A prerequisite for this is cash flow information based on and updated through project schedules. By combining committed costs within the budget limit, and adding expected extra costs, forecasts can be made that conclusively inform about the costs estimated to complete the project.

Time scheduling and milestone analysis

Well prepared time schedules are essential for executing the project and for monitoring the performance with regard to start and completion dates of activities. The schedules are typically prepared with reference to the set milestones using a top-down approach. The follow-up on time schedules is made using a bottom-up approach. The outcome of the time schedule follow-up is forecasted dates of activities (start and completion dates) and ultimately, an analysis of possible deviations from the agreed milestones.

Performance measurement and Earned Value Management (EVM)

When monitoring a project's performance, a lot of energy is put into ensuring that the project stays within the agreed budget and time frame. By introducing a third parameter, Earned Value, the measurement can be carried out in a more balanced way. EVM is a project management technique for measuring actual project performance and progress. EVM has the ability to combine the actual and planned scope, schedule and costs into a single set of key performance indicators to inform about the status of the project. EVM is known to provide accurate forecasts of project performance problems and sophisticated analyses of recorded deviations.
 

Additional information

 

Brochure, newsletter and software solutions

Planning and Monitoring Services Brochure
Planning and Monitoring Brochure
Use the link to read more about our Planning and Monitoring Services.
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Newsletter
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PPM Software solutions
Software solutions
Please follow this link to learn more about our software solutions supporting planning and monitoring.

Contact Details

Kjeld Omø Olsen
Senior Chief Project Manager
T+45 5161 6219
Ekoo@ramboll.dk
Wppm.ramboll.com
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© Project and Portfolio Management Solutions - Ramboll