Rygnestad Group LLC

Project
Controls

Project Controls

I believe that a successful project requires continuous follow-up. This holds true for small projects as well as for multi million dollar projects; for research projects as well as construction projects.

Some examples of what our project management services can include:

  Contract Support:

• Provide input into commercial terms such as reimbursable cost inclusions to minimize subsequent disputes.
• Ongoing detailed invoice reviews including follow-up with contractors.
• Track and report on budget, actual spending and changes in forecast for individual contracts.

  Procedures:

• Establish procedures and controls during initial planning stages.
• Set up and manage procedures for receiving, reviewing, and approving invoices.
• Set up Chart of Accounts according to the specific needs and structure of the project.

  Cost Control and Reporting:

• Define owner's scope and prepare owner's cost estimate.
• Prepare overall project description including scope, costs and schedule to be used as a baseline for project controls.
• Prepare periodic project updates highlighting changes to scope, cost and schedule.
• Prepare monthly cost reports including: spending vs. budget; commitments; and forecast at completion.
• Track budget deviations and scope changes.
• Perform contingency tracking and analysis.
• Prepare periodic cash flow projections for management.

  Audits:

• Implement periodic review of project status in terms of scope, cost and schedule.
• Audit major (sub)contractors to ensure compliance with contractual obligations.

Internal

Web design by Hild Rygnestad
Last updated July 2023
Copyright © Rygnestad Group LLC - All Rights Reserved