Client Challenges
- Undetermined Project costs.
- Absence of alert mechanisms to check from exceeding the budget or deviating plans.
- Double billing for same work/service or contractor billing for unperformed work/service.
- Manipulating labour attendance and wage rate.
- Postponement in project completion due to hiccups in stock delivery.
- Project timeline extension due to fund crunch and unplanned activity.
PKC Solutions
- Created analytical dashboard to gauge project-wise budget vs actuals.
- System to ensure contractor payments are made against % of work completed.
- Installed multilevel project-wise NMR attendance.
- Placed a tracking system to eliminate overcharging of man-hour.
- Management can compare supplier quotes and select the potential suppliers.
- Circumvented stock imbalance issue by placing systems for stock requirement planning and centralize purchasing.
Results
- 40% Reduction in average stock delivery time.
- 85%-90% Timely closure of projects after implementing timeline tracking.
- Quick and timely decisions aided in the accurate budget planning of new projects.
- The status and deviation of Projects are now updated regularly.
- Comprehensive cost analysis and study of each Project.
- Centralized bulk purchase of stock reduced cost.
- Record data of erstwhile projects aided in the accurate budget planning of new projects.
