Project Controls

Project Controls  

SOCOTEC is able to assist our clients at any stage of a project, as we have the ability to measure current performance status and also forecast potential problems.  

Whether on the enterprise or project level, SOCOTEC’s professionals combine education, industry experience, analytical skills and the latest technologies to conduct risk assessments, prepare management plans, set up project controls, and provide progress monitoring and reporting on large and complex projects to assist our clients in the proactive management of their construction projects. Our proactive management approach can greatly reduce the inherent risks in the construction process and significantly increase the ability for a project to finish on time and on budget. 

Regulating variances can mean the difference between the success and failure of your project. 

SOCOTEC’s professionals assist clients in developing control and monitoring systems for all aspects of a project life cycle. Project Controls may be used to assist in monitoring: 

• Critical Path Method (CPM) Schedule 
• Project Cost Reporting 
• Cash Flow Management 
• Contract Management 
• Change Management 
• Earned Value Analysis 
• Margin Analysis 
• Revenue Recognition 
• Key Performance Indicators (KPI) 

Reporting  

The key to a successful project is clear communication. The opportunity to control and mitigate project schedule and costs are dependent upon the timely, accurate, and reliable reporting of information. SCOTEC prepares or assists in the preparation of client reports that are timely, accurate, and reliable. In addition, the reports we generate are comprehensible and practical, and provide graphical summaries that simplify large amounts of complex data into easy to read and understandable charts. 

Our reporting services include: 

• External Reporting 
• Internal Report Upward to Senior Management 
• Internal Reporting Across Project Management