InsideOmegaProject Control Basis
The PIMS Project Control Basis module provides decision support to management for controlling cost and schedule in the project. PIMS Project Control Basis is a tool built to establish your project control basis, monitor and report progress and identify deviations in order to initiate corrective actions in a timely manner.
The functionality covers establishing a work breakdown structure and other coding structures, inputting detailed estimates, time-phasing cost and progress, tracking project performance, defining reporting baselines, and extensive reporting and analysing capabilities.
The PIMS Project Control Basis module is a tool that fits large and medium to small sized development or modification projects. The module consists of tested strategies and techniques to help you assess and control costs in your project. The PIMS Project Control Basis module will help you deliver the project scope within a framework of cost, time and quality. The module supports the business standards for cost management and is also SOX-compliant.
The PIMS Project Control Basis module provides extensive and powerful reporting capabilities through graphical reporting, summarising and detailed reporting.
The Project Control Basis module also includes functionality to track and manage changes and claims. By utilizing the PIMS Project Control Basis module your company will gain control of, and measure actual performance, and compare it against planned performance. For work in progress, PIMS also contains comprehensive functionality for earned value management and tracking of key performance indicators. In the Project Control Basis module you can also perform baseline updates and track currency deviations.
Key features
- Allocate estimates to WBS, OBS or PBS
- Time phasing of estimates and total forecast
- Track and analyse actual, planned, earned, commitment, progress and forecast
- Inflation/deflation of cost and currency deviation handling
- Archive or freeze estimates and plans and perform baseline updates
- Monitor, analyse and report actual cash flow
- Summary and detailed reports as well as cross-project reports
- Report on unlimited alternative structures
- Cost trending