Project Management

Inception

Defining Project Objectives and Scope

One of the fundamental elements of the process of execution and management of a project is the definition of the objectives, scope and requirements of the project. They predetermine all the next steps related to its implementation.

Developing a project plan and schedule

Based on the already defined project objectives and scope, our team develops a conceptual plan that includes the key tasks of the project, the required resources, as well as a schedule for their implementation.

Developing an implementation strategy

After the development of a project plan, we proceed to the creation of a project implementation strategy. The strategy covers the key milestones, resources and approaches needed to successfully achieve the objectives. The strategy identifies and engages all key stakeholders.

Planning

Developing a detailed timeline for activities

With an already established strategy, our team develops a detailed timeline for the implementation of activities, that defines the key tasks, time frames, responsibilities of each one and the dependencies between all of them.

Budgeting and resource planning

The next step is to prepare a project budget and assess the resources needed for its implementation. Identifying the required resources includes human resources, materials, equipment. The allocation of tasks among the available teams and subcontractors is also done at this stage.

Risk management

At the planning stage, our project management specialists identify and analyze the potential risks that could arise within the project. A critical step in risk management is developing strategies to minimize or avoid risk altogether. A contingency plan is also developed.

The risk management process does not end at this stage. Throughout the project, monitoring and adaptation of the risk management plan is carried out if necessary or changes in the environment occur.

Execution

Coordination and communication

One of the key factors for the successful implementation of any project is regular and effective communication between all stakeholders. At the start of the actual execution of the project, coordination between all teams and stakeholders involved takes place, with the main objective of ensuring effective communication and collaboration. Regular meetings are organized to monitor the progress of the project and resolve issues that have arisen. An important element of the communication process is also the maintenance of project documentation and accountability.

Time and resource management

Proper time and resource management during the implementation phase is key to the successful delivery of any project. At this stage, the progress of tasks is tracked according to the schedule already established, and resources are managed to optimize cost and time. Our teams carry out control over the supply of materials and equipment.

Quality Control

To be able to ensure compliance with the client's already defined requirements and standards, a constant quality control of the executed activities is carried out.

Control and monitoring

Tracking progress

Project monitoring is an essential part during which our team tracks the completion of tasks based on a strict timeline and budget set at the project planning stage. Regular progress reports are compiled and possible deviations from the original plan are identified.

Change Management

As changes occur to the project scope, schedule or budget, they are evaluated and approved, updating the relevant action plans and agreements already in place with the client.

Closure

Acceptance and completion of project work

Once all project tasks have been completed, a final acceptance of the project takes place. Final reports and documentation are prepared.

Evaluation of results and conclusions for future projects

Evaluation of results is carried out and aspects and areas for improvement are identified for future projects.

Project closure

The project management process ends with the formal closure of the project, the release of resources and the handover of the final product to the client.