Project Monitoring

At Cyberstate we we use a more sophisticated approach for project monitoring using our flagship product P3® which uses near real-time data that measures activity in the field. This data could be cubic meters of concrete poured or earth moved, labor hours spent relative to work plans and budgets, total hours for which construction equipment used in the field for executing specific work packages, or quantity of material used that is required to construct a certain number of kilometers a rail track, etc.
P3® allows project managers to individually monitor a project’s progress at Work Package (WP) level from the very beginning for even minor deviations. Project and program managers can also combine projects as a program or group of projects and programs as portfolio to monitor a program and portfolio progress and success at any point in time. This is achieved by adding additional modules of program and portfolio on the basic project monitoring layer.
P3® allows project managers to individually monitor a project’s progress at Work Package (WP) level from the very beginning for even minor deviations. Project and program managers can also combine projects as a program or group of projects and programs as portfolio to monitor a program and portfolio progress and success at any point in time. This is achieved by adding additional modules of program and portfolio on the basic project monitoring layer.
 

Our Project Monitoring Approach

At P3 Monitoring we understand that every project is unique and that’s why each project according to its distinct type is used to deliver large, complex capital investments in infrastructure, including major projects, large engineering projects, and global projects. In recent years, the term “megaproject”—defined as projects with a capital cost of US$1 billion or more has become perhaps the most widely used category to describe large-scale infrastructure projects
We understand that megaprojects are high-risk, difficult-to-manage ventures. In recent years, large, complex infrastructure projects have earned a reputation for being mostly late, over budget, and failing to achieve their original objectives. In a well-known study of 60 large engineering projects, found that 40% of the projects were inefficient in terms of time, cost, and performance. More recent research on megaprojects found that 90% of projects have cost overruns of up to 50%.
We at P3 Monitoring understand the need of using industry’s innovative and proven project management techniques to manage our clients’ projects. That’s why our choice of “delivery model” to create and capture value throughout the life cycle of the project from execution to operational handover is uniquely designed for every project especially the large-scale ones. Our project management professionals carefully study each project’s dynamics and then decide which delivery model to use to manage the project throughout its lifecycle. 

Our Project Management Framework and Platform

The P3 project monitoring features are easily adaptable to fit a waterfall, iterative, incremental, agile, or hybrid delivery approach. P3 Project monitoring provides ability with increased visibility into the projects being monitored through lowest-level examinations of variations and deviations. P3 project monitoring provides the ability to perform resource capacity planning in addition to provide the ability to track projects within the project lifecycle and track status of project. P3 also provides the ability to begin to manage project data such as start date, project manager and additional project information, along with the ability to define and manage the project scope and work break down structure to the Work-package level.
P3 project monitoring provides the ability to perform resource capacity planning in addition to provide the ability to track projects within the project lifecycle and track status of project.

Our project management professionals have examined the Integrated project delivery (IPD), an emerging form of project management primarily used for North American construction projects. This approach offers a compelling evidence to understand how new innovative infrastructure project delivery models can emerge and institutionalize. We at P3 Monitoring also understand the importance of digital transformation and how increasingly pervasive digital information transforms project delivery models. We believe projects are information processing systems where the information that is processed in projects is increasingly digital and organized in engineering and project management information management systems. It is increasingly evident that Infrastructure megaprojects generate millions of digital records in models, drawings, geographic information systems (GIS), and asset databases. As well as technical information, megaprojects engage with streams of information on scientific foundations and underpinning conditions and on business objectives and the commercial context. The increasing digitization of project delivery is associated with an increasing “professionalization” of the delivery client. New technologies for approvals and workflow monitoring become associated with new occupational groups, new kinds of professional accountability, and a greater integration across professional roles.

P3 also provides the ability to begin to manage project data such as start date, project manager and additional project information, along with the ability to define and manage the project scope and work break down structure to the Work-package level.
 
P3 project monitoring provides ability to manage and track issues, risks, and change requests throughout the lifecycle of the project. P3 also provides ability to manage and track tasks within a project and ability to assign tasks to resources across projects/programs. P3 also provides ability for users to view and manage task assignments. P3 dashboard provides project reporting and serve as the communication tool for all project information by presenting the project status using data from project’s latest monitoring on the following such as:
 

• Risk and Issue Reporting
• Change request
• Project status (schedule, budget, scope)

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