Construction

Management Systems

Our suite of project management policies, tools, programs, and standard operating procedures (SOPs) have been customized for Middle Eastern working conditions and customs.These project management systems are compliant with regulations, aligned with client requirements, and have received rigorous testing.

Babel uses AccuEstimate to establish cost estimates, the basis of estimate, and work breakdown structures (WBSs) and Microsoft Project© to develop the integrated master schedule (IMS) during project planning and initiation. Upon contract award, the project WBS is finalized in CSI format for all TO work elements and embedded in our accounting system and the IMS. The budget and schedule are transferred into AccuTrack, Babel’s cost and schedule tracking system. The system integrates Microsoft Excel© with Microsoft Project© and provides project management and control personnel the tools to monitor, evaluate, reconcile, and report project performance. Babel employs a measurement baseline review process that incorporates earned-value management systems to determine the fiscal and physical health of the project. Babel’s earned-value management process ensures a systematic approach to the integration and measurement of cost, schedule, and technical (scope) accomplishments on each project. The methods used include:

• Highly accurate risk-based pricing, ensuring the ongoing fiscal health of Babel while providing client with the most responsible, very reasonable rates
• Measuring budgeted cost of work scheduled against budgeted cost of work performed
• Measuring budgeted cost of work performed against actual cost of work performed
• Subcontractor cost/schedule performance
• Identification and correction of variances
• Estimate to complete and estimated cost at completion
• Two-week forecast schedules
• Daily, weekly, and monthly status reports
• Cost/Schedule Status Reports and
• Contractor’s Progress, Status, and Management Reports