At times, a single project is not enough to achieve the goals of an organization in transition. Sand Hill, Inc. understands that management of multiple projects can often stress the resources of firms that are not configured to accommodate that level of intensity. Sand Hill, Inc. has been a vital team member for up to fifteen (15) concurrent projects for one owner. Technology utilized by Sand Hill, Inc. allows understanding of resource requirements and availability across the entire program or portfolio, while still accommodating the needs of project managers to have specific control of an individual project.
Critical Path Method Scheduling
Critical Path Method (CPM) Scheduling, originated in 1957 by DuPont, is a tool frequently used by Sand Hill, Inc. to enable specification of individual activities, determination of the sequence of those activities, compilation of a network diagram and estimation of the time to complete each activity. This results in identification of the critical path, and allows updating the CPM diagram as the project progresses.
The Critical Path Method provides the benefits of providing a graphical view of the project, predicts the time required to complete the project, and shows which activities are critical to maintaining the schedule. Sand Hill, Inc. often utilizes the Project Evaluation and Review Technique (PERT), a statistical analysis of the activities and the CPM network, to provide results at a finer level of detail.
Many project managers agree that their primary role is to manage the cost of the project. Cost management is the process by which companies plan, monitor and control the costs of the project. Project cost management includes processes such as estimating, budgeting, spending forecasts, monitoring and controlling costs. Sand Hill, Inc. encourages the use of post project cost evaluations to gain a better understanding of where the financial resources were allocated on the project to build information for future projects.
Earned Value Management
The Project Management Institute “Practice Standard for Earned Value” calls Earned Value Management (EVM), “Management with the lights on.” EVM assists in good project management by ensuring planning and control of cost and schedule performance. Sand Hill, Inc. will create a baseline that contains tasks of manageable level, unambiguous management responsibility and budgets. The next step is to measure and analyze performance against the baseline by recording resource usage, objectively measuring the physical work progress, analyzing and forecasting cost and schedule performance and taking appropriate actions to address any performance shortfalls.
Change Order Review
Sand Hill, Inc. analyzes requested or proposed change orders for both owners and contractors. As we all know, in the real world, most projects will not proceed without incident. Once the original plan must be altered, a detailed review of the impact of the necessary changes must be made. Both schedule and cost impacts should be agreed upon and incorporated based on the agreements created in the planning stage.
Sand Hill, Inc. provides schedule oversight and monitoring from the initial project phases through project completion. Performing schedule updates at agreed upon intervals and incorporating changes as they occur ensures that valuable project management data is current throughout the project. Early identification of potential risks, and responding with the appropriate steps to avoid or mitigate negative impacts can ensure that your project remains on track in both cost and schedule.