Our flagship monitoring solution, P3 ®, follows the ‘inchstones’ approach by providing status of work components up to ‘work package’ level critical to prevent large cost and time over-run and in keeping the project on track. ‘Inchstones’ are goals for what must be done by whom and when on a daily or weekly basis.
One of the reasons for projects failure, especially in case of megaprojects is their complexity and size, minimizing visibility into areas having deviations and variations at early stages. The problem is often in not noticed and identified until it is fully-blown and have started causing significant damage in terms of time delays and cost over-run.
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