A major project’s success depends on effective collaboration within the extended project team. Therefore, it is critical that the necessary project controls and procedures are in place to monitor and mitigate any rising costs and schedule delays, prioritizing teamwide transparency.
Even when experienced schedulers and estimators are onboarded to prepare the baseline determinative schedule and estimates, it is often surprising to see the results of a probabilistic cost and schedule simulation.
“THE KEY TO MAINTAINING ROBUST SCHEDULES AND PRESERVING PROFITABILITY LIES IN CONTINUAL ALIGNMENT TO KEY RISK INDICATORS, THROUGHOUT THE PROJECTS’ LIFECYCLE.”
Project management systems and controls require a high level of coordination across the capital projects portfolio. Abbott’s approach provides real-time cost, schedule, change, and risk management services through an integrated project team delivery method to ensure on-site project controls resources meet defined objectives.
With over 40 years of experience in the industry, Abbott has developed multiple tools to augment the traditional methods prepared throughout our industry and commercial experience:
•Open Plan / P6
NATURALLY, THE EXCELLENCE IN GOVERNANCE AND CONTROLS REFLECTS IN THE PROJECT’S PERFORMANCE.
Effective management of major projects relies on a real-time view of all transactional revenue and commercial exposure, including the prospective approach to mitigate project slippage.
Our team of industry experts understands the full transaction lifecycle and how monetization of opportunities are born. It is how those opportunities consistently realize fruition that matters.
Understanding the exposure mapping process clarifies where time, money, and resources need to be focused, therefore enhancing all income opportunities.
Bringing together the best minds and tools in the business, Abbott has the flexibility and capability to work with any desired approach or aspect of the project, resulting in fast – tract solutions, increased return, and improved performance. By driving robust schedules with continual alignment to key risk indicators, we preserve profitability throughout the project’s lifecycle.