S.No RFP Particulars Project Management Equipment Planning: Measurement & Payment:

Similar documents
efacility - Maintenance Management System

COMPANY... 3 SYSTEM...

SKY-ERP Data Sheet. - a comprehensive ERP solution for discrete manufacturing

The very Best Cool Solutions for Infor XA Users!

Project 365. Project Control Solution on Microsoft Dynamics 365 for Contractors and MEP Firms. Benefits

Sage 200c Commercials Datasheet

SAGE 300 ADD ONS. NON ARTIFICIAL INTELLIGENCE. 3 Way PO Matching Bulk Invoicing. Back to Back PO. General Ledger Utilities

InterAcct for Flooring

Epicor ERP Project Billing - Fixed Fee Course

The 12 Best Cool Solutions for Infor XA Users!

P6 Instructors Sample Presentation

Fact Sheet: Progressus Software Project Setup

NETSUITE PROJECT MANAGEMENT Manage Your Top Line, Bottom Line, and Everything in Between

CATProjects Functionality Snapshot

ipm IPM PROJECT MANAGEMENT it s project management Integrated. Intuitive. Intelligent

ACUMATICA CLOUD KEY BENEFITS ACCESS YOUR ERP ANYTIME FROM ANY DEVICE, EASILY SCALE RESOURCES, AND CHOOSE YOUR DEPLOYMENT OPTION WORK THE WAY YOU WANT

MICROSOFT DYNAMICS 365 / BUSINESS CENTRAL

Process flow of SpectrumERP

Candy Training Courses 2016

Candy Training Courses 2016

Umbrella ERP Software

To Reach Your Business Goals, Reach for the Cloud.

Service Industries in Microsoft Dynamics AX 2012 R2

Dynamic Netsoft Construction Suite for AX

ipm it s project management Integrated. Intuitive. Intelligent IPM PROJECT MANAGEMENT WITH INTEGRATION TO MICROSOFT DYNAMICS NAV

Connoisseur Solutions Project Procurement Management

Microsoft Dynamics 365 for Financials. CAPABILITIES GUIDE Fall 2016

Contents. 1. Introduction Services Application Standards Real Estate Management ERP Solution Production Management 47

SAP - ASSESSMENT & AUDIT

PROFESSIONS PRODUCTIVITY PACKAGE

Sage 200 Commercials Datasheet

REQUIREMENTS DOCUMENTATION

How to Develop, Manage and Communicate Effective Schedules Using Primavera P6 Professional

Professional Edition Enterprise Edition. Yes Yes. Yes Yes. Production Yes. No No No No No No No. Plant Maintenance Service Management.

CoreconLink for QuickBooks Desktop Integration

Billing distribution on Jobs will now default from the Excel Estimate upload

PROMASTAR Instructor led Professional Training Services Primavera Accredited/Certified Class Courses

ORACLE FUSION FINANCIALS

AVANTUS TRAINING PTE LTD

AVANTUS TRAINING PTE LTD

Abila MIP Fund Accounting

The software comes with purchase, sales, subcontractors, contract and payroll modules as standard, and other features are:

Vendor Demonstration S C R I P T S. 12/13 MARCH 2019, MILTON KEYNES, UK

Project Management & Cost Planning Professional offering successful career spanning 11 years.

AdvAnced Business MAnAger The NexT GeNeraTioN of accounting software

STP358: Order Forecast Monitor in SNC

Cost Accounting CONSTRUCTION COMPUTER SOFTWARE

Our Services. Staff Augmentation Provision of quality resources Long term, medium term and short term engagements

Procurement Department Bid Office Customer Center 1 st Floor, Room W. Church Street Jacksonville, Florida 32202

J&P OMAN COMPANY ORGANISATION P.110 PROCEDURE. Page: 1 of 16. Document Title: Issue Date: 13/04/2014. Revision Date: 06/06/2016 Revision No.

it s project management integrated. intuitive. intelligent

SAVIO ERP PVT. LTD. SAVIO ERP.

STP359: Supply Network Inventory in SNC

(800) jamis.com

SPAR Associates, Inc. Page 1

DIVISION 1 GENERAL REQUIREMENTS SECTION PROJECT SCHEDULE

A Comparison between SAP B1 & Tally ERP

JD Edwards EnterpriseOne Business Accelerator for Engineering and Construction General Contractors

National Grid -Supplier Enablement. Frequently Asked Questions for Suppliers

2. Creating and monitoring the overall program milestone plan and cross-functional dependencies and issues.

ismart Business Solutions Pvt Ltd. IT Park, Plot No. 16 A, B Block, Cochin Special Economic Zone, Kakkanad, Kochi, Kerala, India Ph: (91) - 484

COMMERCIAL MANAGEMENT COMPETENCIES Estimating

Financial Transfer Guide DBA Software Inc.

LEADER ICT System User Guide Project Claim

Evolution M Core Training Purchase and Subcontract Processing Issue 2

Utilizing EBS to Streamline Chargebacks for Internally Provided Services

ONEPROPERTY ENTERPRISE SOFTWARE FOR THE PROPERTY SECTOR

LEADER ICT System User Guide Project Claim

Material available on web at

You can easily view comparative data and drill through for transaction details.

ERMS ENTERPRISE RESOURCE MANAGEMENT SYSTEM

TRAVELEX GLOBALPAY. Managing all your payment needs online

Florida PALM Quarterly Project Oversight Report: Comprehensive Review For April - June 2015

Letosys Computer Systems LLC UAE INDIA

Exam Code: Number: Passing Score: 800 Time Limit: 120 min File Version: 35.4.

SOLUTION Freight Forwarders and Cargo Agents Awery ERP provides

Subbu Ramakrishnan. Manufacturing Finance with SAP. ERP Financials. Bonn Boston

etengine-erp Techno-Functional Information

Oracle Project Portfolio Management Cloud

SC110 Umoja Requisitioning Overview Umoja Requisitioning Overview Version 14.2 Last Modified: 23 July 2015

SC111 Umoja Procurement Overview. Umoja Procurement Overview Version 11 Last Modified : 14-Aug-13 Copyright United Nations

Accelerate your business growth

Exposition Metro Line Construction Authority CRITICAL PATH METHOD SCHEDULE AND COST/SCHEDULE INTEGRATION SYSTEM

WOHLSEN CONSTRUCTION COMPANY

ProMISe ERP. Human Resource. Procurement. Management. Finance. Contracts Management. Management. Asset. Management. Module.

Correct and simple payroll calculations

Tetra s success has grown from its ability to continually track the evolution of business practice,

CoreconLink for Xero Integration

Application modules, available in various optional combinations to meet specific organizational needs, include the following:

FLEXIBLE PROJECT STRUCTURE PLAN

Take Identity and Access Management to the Next Level Securely. Matthew Pecorelli

Microsoft Dynamics 365 for Finance and Operations, Business edition CAPABILITIES GUIDE

Sales CRM Customer Relation Management System

Procure to Pay System Training Recruitment : Hiring Managers

Monthly Independent Verification and Validation Assessment Report

Run Smarter» Deliver Sooner» Bill Earlier

Company QESH Management Representative

There are no set prerequisites to learning SAP PS, but it will help if the reader has a background in the business area that this module covers.

Chapter 12 Applications in Manufacturing Sector. Book:- Waman S Jawadekar

SC341 Umoja Requesting Services of Consultants and Individual Contractors

Transcription:

S.No RFP Particulars Project Management Can project initiation approval process be created, 1 planned, managed and tracked in the system? Can different types of project lifecycle be defined and 2 managed in the system with specific project plans including detailed processes, timelines etc.? Can information regarding the constitution of project 3 management organization (PMO) for the project be made available in the system to all concerned departments/functions? Can individuals/team(s) be formed and allocated to the project activities in the 4 system by various departments? Can a high level project charter be defined, managed 5 and made available in the system which broadly covers information such as, project background and introduction, scope of work, major activities/components and their description, timelines 6 Can different project templates be stored in the system Can various project activities be grouped at multiple 7 levels in the system? Can activity dependencies and critical path be identified 8 and managed in the system? Can the system use the skill set and other HR related 9 details to facilitate allocation of manpower to project team? 10 Can project team prepare cost estimate Can project related and reference data be made available to the project team and 11 the other stake holders across locations Can project related details consisting resource 12 utilization, expenses, progress, deviation, incidents etc. be made by project team Based on the above information, can the project 13 activities, resources, cost and progress be monitored and controlled centrally Equipment Planning: Can standardized equipment list such as, Capital construction equipment, Light construction equipment, Transport vehicles etc. be made available in the system? Measurement & Payment: 14 Can measurement book be created and maintained in the system in a user defined manner for capturing execution details of the project? * Can measurements entered in the system be validated 15 by authorized EPIL personnel as per Delegation of power (DOP) and accepted by authorized contractors personnel? 16 Can payment invoice be created as per approved DOP

in the system with reference to measurement books? Can all material requisitions by contractor be entered 17 and tracked in the system and contractual terms and conditions compared with norms available in the system and alerts generated in case of deviations? Can the recoveries be estimated based on materials 18 issued and linked to payment invoice? Can claims made by contractors be managed and 19 tracked in the system? Can payments made to the contractor during the 20 specified period be compared across various periods and linked to progress of work? 21 Can deviations alerts be generated from the system? Can the schedule and customer deviations be updated 22 and approved as per DOP? Can penalties be imposed on contractors due to delays or slippages in the 23 contractual milestone as per the contract agreement? 24 Can alerts be generated on delay in payment of invoice Can change orders be created and tracked in the 25 system in case there is change in the scope of work/ design? Can insurance and bank guarantees be tracked in the 26 system against a contract? Can amendments in quantity to be executed be made in 27 the contract? Progress Monitoring & Reporting: Can data regarding package-wise daily progress report 28 be entered and made available in the system? Can weekly, monthly, quarterly, year to date expenses incurred be entered and 29 compared with the planned costs? Can a management dash board highlighting the critical 30 activities and issues of the project be created, maintained and accessed in the system and alerts be generated in case of delays/devations? Can variations from schedules/ networks be identified at 31 activity level and alerts at defined terms are generated? Can time, material, resource utilization and cost 32 Information be made available in order to check the possibility of overrun, if any and special report generated in such cases? Can information pertaining to periodic progress, material and resources usage, 33 planned and actual expenses as entered by Project be made available for generation of exception/standard reports

*Managing Customer Contracts The functionalities of the ERP system will provide the users at EPIL the various tools to quote and Win Successful Projects. The system should assist projects in this stage by providing: *Record the scope of work, as released in the Tender by 34 the client. *The ability to perform Estimation against various Cost 35 Elements. Ability to perform Cost Estimation, against each activity 36 of the Project Work Breakdown Structure *Ability to retrieve the Estimated costs on to the Sales 37 Contract 38 *Ability to submit quotation to the client. *Ability to repeatedly revise the scope of work, based on 39 every round of Techno-commercial negotiation 40 *Ability to Submit revised quotations 41 *Ability to set Contract Baselines 42 *Ability to Award and Activate the Contract Ability to record Interim Retention amount in percentage 43 on the Sales Contract Ability to record Final Retention amount in percentage 44 on the Sales Contract Ability to record various dates such as Planned Start 45 Date, Planned Finish Date, Award Date, Actual Start Date etc Ability to record the various Taxes, Duties, Freight 46 charges, as applicable 47 Ability to Start the actual work on the contract Ability to have various Calculation methods such as 48 Fixed, Per Unit, Rate Only Ability to perform Valuations on the basis of Fixed Cost 49 Value/ Fixed Sales Value/ Progress/ Quantity. Ability to perform Calculations on the basis of Cost 50 Value or on the basis of Sales Value *Ability to register the date when an Enquiry was 51 received from the customer. 52 *Ability to create various Applications for Payment from the same Sales Contract. *Ability to record the amount of work performed, in terms 53 of quantity and raise the invoice for the corresponding amounts. *Ability to Submit the Application for Payment to the 54 client

Ability to record the work values, as certified by the 55 client. Ability to raise Invoice for the Certified amounts, 56 considering the retentions. 57 Ability to raise Invoice for Final Retentions Ability to tightly integrate Sales Contract Management, Project and Sub contract 58 Management Ability to Complete the Sales Contract, once the complete scope defined in it has 59 been completed. Ability to Close the Sales Contract, once all the 60 payments have been received. Project Planning At the planning stage the system would assist the EPIL Project team in the following manner: *Quickly initiate and generate a project plan from the 61 projects performed earlier. Material, manpower and other costs requirements would be automatically connected to the activities. Identification and availability of Manpower requirement 62 both internal and external Allow for Project Structure (WBS) with Multiple levels of 63 Sub Projects Allow for Project Structure with Multiple Activities 64 underneath each subproject. 65 Ability to define Predecessor and Successor activities. *Ability to connect requirement activities to the project structure such that it helps to: 66 Identify project-specific items and Define demand planning for project-specific items separately by project System would track Estimated, Planned, Committed 67 and Actual costs. 68 Committed values would be captured directly from the business objects (like purchase orders). Project Procurement The system would permit Project specific procurements such that it captures: 69 Purchase requisitions connected to Activity and progress available on the Activity 70 May buy both articles on stock or not on stock System should be able to take advantage of the 71 complete material and capacity planning 72 Material Procurement List from Project itself Actual values should be created automatically from the 73 project specific accounting entries generated.

Risk Handling Capability Integration with 3rd Party Tools *The project module will interface seamlessly two ways with Microsoft Project and/or Primavera. This would help to: Take advantage of the project planning tool s scheduling functionality to do a critical-path analysis. Information that will be shared includes: o WBS with activity dates 74 o Dependencies between activities and constraints information. o Resources and resource allocations. o Progress information. Exporting and importing can be repeated as needed, making it easier to re-plan and handle changes while the project is under execution. Project Execution: At the execution stage, ERP will provide with extremely simple and user friendly ways to report time, cost, material and task progress. The various benefits which are likely to be provided by ERP at this stage would be: Control All Projects Related Activities from a 75 Single Functional Area Detailed Task Performance Controls Personalized Web Portal Reporting and Activity Assignments On-line Collaboration with Suppliers and subcontractors Proactive Project Management The various functionalities that the ERP system should have are listed below: It should be possible to have both Project and Non 76 Project specific material planning and issue. Cost and Progress of activity, sub project and project 77 will be automatically updated. Perform project performance analysis like Earned 78 Value, CPI (Cost Performance Index), which are automatically evaluated while the project is being executed enabling rapid corrective actions. Analysing project performance by comparing performance indicators with 79 planned/revised values and committed or actual values. Staff and Management will receive role-based values of 80 performance indicators. Operational staff receives operational values and management receive values at higher summarized level. 81 *The ERP should work with concept of exception based

project monitoring. The system should be able to identify the delays and exceptions such as activity delay, procurement delay, budget exceeded etc. and push to the user in the form of email, SMS message etc. using event driven technology. Project Reporting The various options available for project reporting will be Extremely simplified time and cost reporting, which 82 directly updates the progress and costs of the activity. Support for various methods of time reporting to cater 83 also for the field staff at the sites. through client *Support for various methods of time reporting to cater 84 also for the field staff at the sites. through Web Support for various methods of time reporting to cater also for the field staff at the 85 sites by uploading from a pre defined format in software like excel etc. Project Analysis Users at all levels can utilize ERP Tools to analyse Project Cost and Performance broadly classified as: Transaction Flows from Procurement into 86 Project Cost Analysis and Performance Tools Revenue Analysis and Metrics Project Activity Costs (committed and actual) and 87 Progress should get updated automatically from Purchase Orders Project Activity Costs (committed and actual) and 88 Progress should get updated automatically from Time Reporting Project Activity Costs (committed and actual) and Progress should get updated 89 automatically from AP Invoices Project Activity Costs (committed and actual) and 90 Progress should get updated automatically from Engineering activity and document development. The users would be able to perform Project Progress 91 Performance. The various options available should include History The users would be able to perform Project Progress 92 Performance. The various options available should include Project Cost Performance The users would be able to perform Project Progress 93 Performance. The various options available should include Resource Utilization 94 The users would be able to perform Project Progress

Performance. The various options available should include Project Exceptions The users would be able to perform Project Progress Performance. The various options available should include Personalized Projects 95 Portal for o Key Project Metrics o Project Status Project History Logging 96 Ability to log relevant project data 97 Ability to schedule History Logging (weekly, daily etc) 98 Ability to manually log History 99 Availability of Graphical displays for easy follow up 100 Drilldown from graph to history details Integration to Finance The financial system and the project module should be tightly integrated to allow: 101 Automatic synchronization of Project ID and basic data in finance General Ledger information should be available in 102 project forms 103 Financial transactions should be marked with activity id 104 Actual figures should always be fetched from GL 105 Drilldown from activities to financial transactions 106 Zoom from financial transactions to activities Exception Based Project Management The system should have the capability to perform Exception Based Project Management. In this regard it should be possible to: Ability to create Project portals where one can set up a 108 link to Project exceptions that summarizes all deviations from the project plan. The portal should give all information and provide a 109 'one-click away' interface to delayed purchase order, activities and exceeded budgets. The system should provide Performance Portals to 110 monitor the project based on Cost and Schedule Performance Indicators. Project invoicing The system should be capable of creating project invoices with complete link to the financial system. The functionalities expected in this category are as follows: The system should have the flexibility for both fixed and 111 time and material based invoicing plan 112 It should be possible to define invoiceable and non

invoiceable cost heads so that the transactions under the invoiceable head can be directly passed on to the customers The project invoices created should end up in the 113 accounts receivable module of the application for close follow up 114 Flexible pricing structure 115 The system should have close follow up on the project cost and revenue. Sub contract Management The system should have the ability to outsource works and capture the progress on them: The ability to capture the scope of various Sub 116 contracts given to various sub contractors. Ability to record the costs of Subcontracting on the 117 Project Ability to capture the various dates, such as Planned 118 Start Date, Planned Finish Date, Awarded Date, Actual Start Date etc. Ability to release the Subcontract on to various 119 prospective Bidders/ Suppliers Ability to record the Submitted Quotations from various 120 Vendors and compare the same. Ability to record the dates when various bidders / 121 suppliers have submitted their quotations. Ability to record the reason of Awarding the Subcontract 122 to a particular Vendor 123 Ability to Call Off works, progressively, as per the need. 124 Ability to hit Committed Costs as soon as the Called Off work is released Ability to capture the Subcontractors claim for the work 125 done. Ability to record, the actual work which has been done 126 on site. This shall be captured on the basis of a report which shall be sent by the Site Supervisor. Ability to retain certain amount of the total Sub- 127 contracted value as an Interim Retention Ability to retain certain amount of the total Sub- 128 contracted value as the Final Retention Ability to certify the claims which have been made by 129 the vendor for the work performed. Ability to raise invoices only for the Certified work values, retaining the Initial/Final 130 Retention amounts 131 Ability to make payments against the Invoices. 132 Ability to record various Taxes, such as Service tax etc,

as applicable. Budgeting & Forecasting Ability to control all material costs, which exceed the 134 budget. Ability to compare Budgeted costs w.r.t Labour with the 135 Actual costs incurred, at the end of the project. 136 Ability to repeatedly revise the Budgeted costs, if need be. Ability to draw S-Curves and Straight Line based on the 137 forecasted costs. Ability to define Budgeted costs on the basis of 138 Estimated costs.