Project manager at an Installation Company
Yearly number of projects
Project team member to max
Range to million ($)
Average Suppliers
Business
Buildings
measurement and control technology
Installation Industry
The process
Situation
For major construction projects we already made a risk assessment. With the switch to IFRS we had to update regularly. Not that we didn’t look our risk file, but we now also have to keep track why we have changed previous estimations. The accountant / group audit wants to have a trail.
Approach
We first started with each timing updating our Excel file and saving it as a new version number. In now time our number of files exploded. So we start looking for a tool that was easy for us to use and which could keep track of changes.
We selected this online tool as it can be used by one person or more if we want to. We started with one user with all rights and now we have three with all rights and five with only read rights. Of which one at corporate level for complying issues.
Very pleased with
We can easily drill down in current and old projects. So no x-maps with x-files to search in and select. Furthermore, we can directly see where we have changed a first assumption. And it quit works likes Excel – so easy to adjust.
“Making useful information for all board members available”
JOS DYSON