Project Management
Benefits
The function of the EPS Professional Project Management module is that of managing the
complexity that is inherent in multi-site and multi-vendor
projects. In general it is a simple task to project manage work on
one lease by one or even a few
different vendors. However, when the same project is extended to
multiple locations, in multiple states and with multiple vendors
the complexity of the project becomes very high. Add to that the
fact that many retailers are performing multiple simultaneous
projects and a comprehensive project management solution is
required to make sure that projects come in on time and on
budget.
EPS Project Management module is such a project management solution and
was designed specifically for the retail market place. It becomes
the core system through which all project transactions occur.
The software provides an increase in productivity for project
managers because it provides a series of automated processes.
Because all transactions occur through the system, it knows exactly
what has happened on every project, what the budget is, how much
has been committed and what the cost to complete will be.
The benefits from EPS Project Management module can be divided into four
areas:
- Increased Revenue
- Lowered Costs
- Lowered Risk
- Improved Business Planning
| |
Increased Revenue |
| Get new stores up and producing sales faster |
The faster a new store fit-out or
upgrade can be completed the faster it can reopen and start
generating sales. Using Project Management module you can ensure
projects are completed as quickly as possible. By managing all
aspects of your projects, no dates are missed, all orders are
sent in a timely manner and there are no unplanned extensions
in the schedule. You know precisely what is happening at all
times and can actively manage your projects to come in on time.
|
| |
Lower Costs |
| Actively manage the cost of new stores |
The first step in lowering project costs is to start with a
clear budget and then manage all of your subcontractors
(internal and external) to that budget. With Project Management module
and the Performance Management tools you will start out
knowing exactly what each part of the project
will cost. Then as it rolls out you are instantly alerted if
any aspect of the project is starting to move outside its
budget. With that information you can take immediate action to
reign in the potential blow-out and get your project back on
track.
|
| Integration with the Accounting System |
Integration with your accounting system reduces the
time, cost and errors that are inherent in
re-keying data from a spreadsheet or manual calculations into
the accounting system. EPS Project Management module integrates to
SAP, Oracle Financials and a number of other accounting
packages.
|
| |
Lower Risk |
| Manage the complexity of new store openings |
Multi-store, multi-location projects can be extremely complex.
The number of variables that must be managed to ensure that the
project runs smoothly is very large. However, when you use
Project Management module to run the project it is aware of exactly
what has occurred on the project to date and what needs to
occur in the future. The system can then be interrogated from
any angle, project, vendor, location, etc., giving an instant
view of the information required.
|
| Improve project repeatability |
Each project is different but most projects fall into a few
broad ranges. The ability to copy project templates and then
adjust them for each new project allows the organisation to
build up a library of projects. The likelihood of missing and
important milestone or failing to order critical supplies is
reduced because much of the information is built into a proven
template. This is particularly useful for situations where the
project staff may not be familiar with your organisation or its
procedures.
|
| Ensure on-time, on-budget completion |
Two of the biggest risks in any project
are missing the opening deadline and missing the budget. By
helping you to actively manage the project, Project Management module
makes sure that these two issues don't happen in your organisation.
|
| |
Improved Business Planning |
| Extensive project reporting |
Like EPS Professional, Project Management module uses an advanced
Performance Management engine to generate extensive analysis
and reporting on the underlying database. Using these tools it
is easy to understand your exact position on all projects at
the touch of a button. For example you can see budget
variations, commitments to date, value of purchases still to be
made, key vendors by order size and location,
etc. This is information working for you not against you.
|
Create a corporate memory
New staff have access to the knowledge base |
Through the templating and copying approach, good projects can
be memorised and reused in the future. This creates a
corporate memory to ensure that the lessons learned by one
staff member are not lost when they leave. It also ensures
that the training time to get a new staff member up to speed
is dramatically reduced. No longer will you see the same
mistakes being repeated.
|
| Built in Processes and Procedures |
EPS Project Management module has many built in process that ensure
tasks are done accurately and repeatably. The system's built
in procedures can be augmented using the on-line business
process screens, which allow your organisation to document
company procedure on-line for everyone to use. Putting
procedures on-line means that they are available to the staff
doing the work. Unlike traditional quality procedures that are
printed and stored on a shelf, on-line procedures can be
constantly checked, increasingly the likelihood that they will
be followed.
|
|
|
