Track Close Out Site Costs of Project In Alexandria, Egypt Worth Roughly $121 Million
The Challenge to the Project:
The client wanted to make sure we maintained the project margin of 45%. This project was extremely successful we started this project from the beginning.
PE4U continued to make sure no costs were made in error, and all project costs were accounted for. We continued to ensure all site costs were in our cost accounting sheets.
This project was on time and the project literally had perfect alignment of cost and schedule.
The major costs were in construction and materials WBS's for fabricating the FPS (Fishing Protection Structure) and Connector Units. The actual costs and forecast were within 5% throughout the project.
At this stage of the project most to all risk we mitigated.
We officially ended the project with 35% margin. The client gave money back to their client. Unofficially our client achieved a 45% margin.
This is one example of many successes we can point to.
If your organization assigns us to your project early on we can achieve great results. This project is a result of great cost control, great schedule management, and a great project management team. This client team was receptive to all of our recommendations.