IS YOUR PROJECT
CURRENTLY
BEHIND SCHEDULE?
OVER BUDGET?
FACING LITIGATION?
UNDERSTAFFED?
Contact one of Abbott's Experts. You can share any of the difficulties your facing and we can share our experience tackling some of these complex challenges.
PROJECT CONTROLS
& PERFORMACE
Project Controls & Performance
PMO SET-UP
For decades, capital projects have been the backbone of the global economy. Yet schedule and budget overruns are still exceedingly prevalent, and project outcomes are not improving. Our team at Abbott embraces the disciplined and methodical processes of implementing project controls to support project management methodologies – actively controlling the given project’s schedule and cost. By establishing a robust PMO that culminates a versatile yet powerful team, we enable our clients to deliver complex projects successfully and efficiently.
Keep your supply chain aligned with your project’s goals and prepare for unforeseeable changes. First, we analyze the needs of the project and determine the most effective way to deliver the project, whether that means modularization or altering the construction method to maintain the intended design. Second, we determine the correct resource in the supply chain to suitably deliver your project in relation to schedule and cost.
Gain insight and visibility into your contracts with Abbott’s contract management professionals determining the correct contracting vehicle, overseeing the solicitation process, reviewing the contract terms, evaluating the quality of bids, and modifying the contracting language to meet the project needs.
Project Controls & Performance
ESTABLISHMENT OF PROJECT MANAGEMENT & CONTROLS PROCEDURES
At our core, we are known for our unrivaled dedication to quality scheduling and project planning. To us, that means delivering realistic, well-structured project controls. Our team ensures transparency across the project portfolio by accurately defining the project’s controls, thus systematically uncovering the common obstacles that can plague a project.
Ensure that the controls procedures put in place are being met on both a schedule and cost schedule perspective, the intended benefits outweigh costs, and the project will be delivered according to the controls established.
Define the performance assurance framework with consistent, accurate earned value analysis and a detailed process for delivery, including regulatory, in-depth reporting that creates a sense of certainty from the onset.
Project Controls & Performance
RISK MANAGEMENT & ASSESSMENT
The components of a successful project lie in the teams’ experience and skill in identifying and defining every risk on the projects’ path per meticulous controls. In the project’s earliest stages, we identify possible threats and develop a thorough risk management strategy outlining how risk will be managed, classified, and evaluated. From there, we perform continual monitoring throughout the project, including both qualitative and quantitative analysis. By examining the trends and remaining focused on all areas within a project, Abbott ensures any approaching risks potentially impacting the project schedule or budget are brought to the forefront for examination and actionable steps to conduct immediate mitigation.
Large Projects typically take 20% longer to finish than scheduled and are up to 80% over budget.
MCKINSEY GLOBAL INSTITUTE
Project Controls & Performance
COST & SCHEDULE RISK MANAGEMENT CONTROLS
Abbott’s expertise in Cost & Schedule Risk Management is key to the successful closing out of projects on time and within budget. With our systematic approach to Risk Management, we undertake a concurrent cost and schedule risk analysis to run multiple scenarios on the budget and the program. Our team implements effective mitigation strategies to control and proactively manage risk by identifying risks at the earliest possible stage and using a quantitative and qualitative risk analysis process.
Maximize your assets with value engineering while standardizing, simplifying, and rationalizing the construction process, procedures, materials, and supply chain strategy. Abbott’s team records a 25-30% capital cost savings percentage.
Project Controls & Performance
MANGEMENT CONTROLS & COMPLIANCE PROTOCOLS
Controls and compliance represent two parts of a successful process. We establish a framework of organizational controls and mechanisms that define and monitor processes and operations – allowing the project team to clarify activities and utilize the most effective tools to achieve specific tasks. These controls and compliance protocols ensure that the project is executed within the overall objectives of the company.
Access both the knowledge and tools you need to make confident and informed decisions. Abbott’s executive level project analysis and reporting services enable us to offer critical, comprehensive information to our clients by evaluating the correct data through our expert lens and utilizing proprietary methods.
