Project controls plays a critical role in successful execution and delivery of complex projects. As experts in project controls, our responsibilities begin from the early design stage and run through the successful completion of a project—from establishing the project budget and timeline to accurately monitoring and forecasting progress for both in order to manage risks from the start of the project to completion.
Quantrackt Consulting offers a unique and proactive-forensic business model. Our approach to effective project controls is based on extensive claims and dispute resolution experience, which gives us a unique and in-depth understanding of what can go wrong on a project. We use this knowledge to identify potential trouble spots on a project before they develop into problems and to recommend or initiate preventive actions through strategic planning and controls.
Our project controls experts bring a comprehensive suite of skills and extensive field experience to the project. After establishing an accurate project budget and schedule, we help project teams determine key areas of risk by tracking both time and cost compared against contractual expectations, scope, performance criteria, and milestones. By evaluating productivity levels of the project through these key elements, we can better forecast the scope of work and key activity to ensure on-time and on-budget completion. These controls can be applied to all phases of a project from preconstruction to closeout.
Our risk management consultants are well versed with industry specific risks and advise our clients early on in the project about any potential unforeseen risks that may affect the project budget, quality, or completion forecasts. Appropriate risk avoidance and risk transfer strategies are then discussed and adopted to ensure minimum to no impact on the project. We also assist our clients in carrying out Quantitative Schedule and Cost Risk Analyses.