wrench enterprise - online project control system

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Project Control System

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Page 1: Wrench Enterprise - Online Project Control System

Project Control System

Page 2: Wrench Enterprise - Online Project Control System

Project Control System

Deliver projects

on-budget and on-time.Vincent CHIA

[email protected]

Varghese DANIEL

[email protected]

Page 3: Wrench Enterprise - Online Project Control System

“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, MCIOB

Murray Roberts

Construction Manager

simplifies your life .

Page 4: Wrench Enterprise - Online Project Control System

simplifies your life .

Up to 200% improved

• document management

process

• Correspondence and

transmittal collaboration

• 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

Page 5: Wrench Enterprise - Online Project Control System

simplifies your life .

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.

Page 6: Wrench Enterprise - Online Project Control System

simplifies your life .

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

Page 7: Wrench Enterprise - Online Project Control System

simplifies your life .

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.

Page 8: Wrench Enterprise - Online Project Control System

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? ■

Page 9: Wrench Enterprise - Online Project Control System

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 ■

Page 10: Wrench Enterprise - Online Project Control System

It records transactions as they occur. You get accurate

indication of progress and problems encountered during

execution. ■

Our solution

Page 11: Wrench Enterprise - Online Project Control System

ControlWeb-based system

On-site configuration & training

Online project monitoring

Automated data capture

System-managed documentsReal-time communication ■

We will set up…

Page 12: Wrench Enterprise - Online Project Control System

What is the progress? (cost/schedule performance index)Work package

Package to payoff

Deliverables

Milestones

What percentage is

completed?

Were they completed

on schedule?

Without WRENCH, you need about 2000

manual updates per week (assuming 500

deliverables per package) to assess progress

Page 13: Wrench Enterprise - Online Project Control System

Assessing progress is easy,

immediate, and 100% accurate!Work package

Package to payoff

Deliverables

Milestones

Automatic updates – planned

vs. actuals (of start/finish dates)

captured directly by WRENCH.

Automatic updates:

Actual finish date

captured by WRENCH.

With WRENCH. . .

Page 14: Wrench Enterprise - Online Project Control System

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. ■

Page 15: Wrench Enterprise - Online Project Control System

WRENCH

You get: updates

04 Jul 10

05 Jul 10

09 Jul 10

12 Jul 10

09 Jul 10

06 Jul 10

09 Jul 10

14 Jul 10

Primavera

IDC IFR IFCDraw

Page 16: Wrench Enterprise - Online Project Control System

Click to enlarge

You get: monitoring

Page 17: Wrench Enterprise - Online Project Control System

You get: reportsClick to enlarge

Page 18: Wrench Enterprise - Online Project Control System

Actual Costs

Earned Value

Planned Value

Budget at Completion

You get: status

S-Curve

Page 19: Wrench Enterprise - Online Project Control System

Cost

Current

positionTime

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

You get: the big picture:

Page 20: Wrench Enterprise - Online Project Control System

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 ■

Page 21: Wrench Enterprise - Online Project Control System

On-time

On-budget

Summary

Measurement(Where are you?)

Evaluation(Where did you

plan to be?)

Correction(How to get back

on track?)

On-time

On-budget

Page 22: Wrench Enterprise - Online Project Control System

Benefits

100% efficient project control

100% quality assured

60% reduction in project management efforts

100% efficient document control/Management ■

Page 24: Wrench Enterprise - Online Project Control System

How can I affordNOTto have it?