Project Economy

Obviously, it’s of great importance to the project managers to maintain overview over the project’s economy during the project’s execution. It is our experience that the best overview is achieved when you integrate Project Economy with Project Planning. Thereby you will be able to compare the amount of work performed with both the budgeted and actual costs. This can be done by means of Earned Value analysis or by calculating Cost/Schedule Performance indexes.
Typical Project Economy tasks are:

  • Invoice handling
  • Accounting
  • Project accounting
  • Budgeting
  • Forecasting
  • Cash flow analysis
  • Progress analysis
  • Earned Value calculations

iPPM possesses the knowledge of these areas and we are capable of assisting in specifying the tasks, build the routines and processes and take part in the work at a daily basis.