Actual agreed financial benefits
- Planned Return On Investment 245%
- Actual Return On Investment 280%
- Planned annualised savings £4.32 million
- Actual annualised savings £4.9 million
Project fee already recovered by completion of implementation stage = 95%.
Project realised 150% savings within the first year, making the project already cost neutral after the first year of implementation.
Identified problems & issues
- Poor supervisory and other leadership skills
- Ineffective and untimely key performance indicators
- Lack of adequate control of labour resource
- Backlog of work orders
- Budget overruns
- Cost overruns
- High use of contractors
- Excessive backlog of work
- Excessive overtime costs
- Lack of precise cost targets/goals
- Poor project control systems
- Lack of effective work and resource planning and scheduling
- Ineffective management control systems
Project results
- Reduction in sub-contractors by 18%
- Reduction in budget overruns by 20%
- Work backlog reduced by 30%
- Budget and cost overruns decreased by 30%
- Overtime reduced by 8%
- Project completion times increased by 40%
- Reasonable expectations/norms established and adhered to
- Effective project scheduling and control systems installed
- Effective management information and key performance indicator systems installed
Project activities
- Reasonable work norms established
- Resource loading and work volume scheduling and loading
- Process mapping
- Smart Key performance indicators introduced which led to more manageability and transparency for both workers and leaders
- Effective project control systems designed and installed
- Management reports designed and installed
- Management control systems, communication and review processes designed and installed
- Behavioural workshops and one to one coaching and mentoring
Methodologies utilised
SageFlow – Foralda world class improvement methodologies implemented, including
- Forecast, plan, assign, and follow-up.
- Budget and cost control.
- Project management.
- Business process re-engineering.
- Volume and resource scheduling.
- Effective Management control systems.
- Key performance indicator, effective communications, and review processes.
- Behavioural workshops and change management.
