We provide a project profitability monitoring service aimed at systematic and continuous monitoring of the financial performance of projects throughout their entire life cycle.
The purpose is to ensure that the projects achieve the planned financial goals and contribute to the overall business performance of the organization.
Given that almost all of our services are project-oriented, we possess a wealth of experience in understanding the various phases of projects and, therefore, recognize the potential for optimizing specific phases across different business industries.
Project profitability monitoring
We tailor our project profitability monitoring service to the client’s needs, whether it is conducted as an analysis, as part of periodic reporting, or as a permanent system for managing the profitability of a project portfolio. Through the service, we offer:
- definition of Key Financial profitability indicators
- establishment of monitoring models and tools
- regular analysis of deviations between planned and achieved results
- identification of risks and proposals for corrective measures
- advisory support to management in making decisions about project management.
Service Implementation Process
The process of implementing the project profitability monitoring service consists of two main phases:
- Analysis of the current situation – when preparing the analysis, the emphasis is on an in-depth understanding of the cost and resource components of the observed project to be able to confidently define the most significant challenges in planning, implementation, and budgeting
- Development of a model for monitoring project profitability and costs – after the standard direct and indirect project costs have been defined, the design of a standardized format for project budgeting and profitability monitoring is initiated.