Today's project and program managers have more responsibility
and accountability than ever before. With loads of information
available and plenty of talented people around to help, making
informed decisions that will ensure success should be easy, right?
Predicting… potential problems. Preventing… spiraling
Providing…accurate and useful information. Promising… results.
Project control is a specialized focus of project management
- it establishes a project and schedule criteria or goals; measures
progress toward those goals; and determines real-time profitability.
It's project management at its finest.
PSG's graded approach ensures that the level of project control
is in line with the magnitude of the objectives, constraints,
dollar value, complexity, risks and visibility. Too little and
your project can have budget and schedule overruns. Too much
and you're wasteful. But just the right amount will make your
project a stunning success story.
PSG's project control professionals use integrated techniques
for planning and controlling the life cycle of a project. We
will help you not only meet the minimum goal of timely completion
within budget, but will also give you what you need to maximize
your savings and profitability.
Technical scope elements are outcome-oriented and must clearly
identify the requirements of the project or task in order
to define a measurable standard. PSG's scope development
techniques will help you determine what approach and resources
are necessary to achieve all of your project's objectives.
The goal of basic cost estimating is to produce a deliverable
that can be used to compare bids, or to prepare or stay within
a budget. But, when done as a part of an overall project
control effort, the goal is to provide up-to-date actuals
and accurate projections that give you a performance measurement
tool like no other.
Whether it's from conceptual information or detailed final
designs, PSG's careful and disciplined approach to estimating
will help you make appropriate decisions throughout your
project. Our staff are experts in the technology involved,
know and understand the type of project and costs, have worked
on scores of similar projects and are skilled in the appropriate
methodologies. You can confidently rely on our staff and
the validity of the information they provide.
Planning and Scheduling
Planning and scheduling techniques continue to change with
every new version of software made available. But software
advancements too frequently result in "information overload" -
when the level of detail and quantity of information being
generated surpasses your ability to absorb and effectively
analyze the subsequent information.
PSG's experts have used virtually every scheduling processor
available and know the strengths, weaknesses and limitations
of each. They also possess solid technical understanding
of your project. When these are combined, the benefit to
you is accuracy, from the highest level of corporate planning
down to daily facility work activity scheduling.
Risks are commonly identified by even the most inexperienced
project managers working on the simplest of projects. But
risk identification and risk management are two very different
Managing project risk is essential in preventing careless
oversights and costly overruns. PSG can help you initially
identify your project risks and mitigation, and can then
help you determine:
• whether they're accurate, exhaustive and reflected in the
• whether you're protected with appropriate contingencies.
• when to implement mitigation plans in order to stay on track.
• whether there are any dependencies which need to be accounted
Life Cycle Costing
Just like with a car, there is a threshold most products
will eventually hit. Do you keep paying to repair the old
one and deal with the consequences of occasional breakdowns,
or do you take the big hit and get the new one that's still
PSG's life cycle costing takes the guessing out. We will
break down the cost according to how long it will last. You'll
know when a replacement or upgrade will be necessary, and
you can plan for it in advance. Knowing with reasonable certainty
when the best time to replace or upgrade is – and proactively
evaluating the alternatives – makes it easier for you
from the beginning.
Earned Value Management
Exactly where are you against your plan? Exactly how much
have you spent? Exactly what have you accomplished?
The earned value management technique is used to measure
the physical accomplishment of work on a project. You can
determine project status by analyzing cost, schedule and
technical performance, as well as consider potential problems,
their impact and alternative courses of action.
PSG's objective in performing earned value management is
to encourage cost account managers to use effective internal
cost and schedule management control systems, allowing you
to rely on timely data produced by those systems for determining
In order to effectively manage, make sound decisions and
stay on schedule, you've got to know where you are and how
any changes will impact you.
Performance measurement is an earned value management methodology
integrating work schedules and cost accounts to create a
controlled, time-phased budget called the performance measurement
baseline (PMB). Our professionals can develop your PMB so
that it validates the value of the planned work in the project
schedule, and is part of the change control process.