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