Project Cost Control Through Real-Time Dashboards
Pharma manufacturing company with project-driven production
A missing overview of project status repeatedly led to delays and cost overruns; real-time data and automated tracking were lacking.
The challenge
The situation
The company could not effectively control its project costs: a clear overview of project status was missing, which repeatedly led to delays and cost overruns. As real-time data and automated tracking mechanisms were lacking, problems could not be identified and addressed proactively.
Our approach
What we delivered
Building dashboards for project management, because without real-time data neither status nor cost development was visible.
Automated calculation of project KPIs in place of the manual approach that was delaying the view of the status.
Data-based root-cause analysis of deviations, so that cost overruns are spotted early rather than explained after the fact.
The outcome
Results & impact
Real-time cost transparency
End-to-end view of project costs and status via dashboards.
Automated KPI calculation
Project KPIs are determined automatically instead of manually.
Proactive deviation detection
Cost overruns are identified earlier and become addressable.
In summary
Project costs and status are transparent via real-time dashboards; deviations can be identified earlier and addressed proactively.
Related expertise
Reporting & Dashboards →
Covers exactly the core of the case study: up-to-date, auditable transparency over project and production KPIs instead of manual, delayed status reports.
CAPEX Planning & Qualification →
The manufacturing company had to strategically steer project costs and investments in production equipment to avoid budget overruns.
Continuous Improvement Programs →
The data-based root-cause analysis to identify recurring problems corresponds directly to building a continuous-improvement process.
Lean Six Sigma →
Root-cause analysis and process optimization to cut costs and raise efficiency in project management are classic Lean Six Sigma methods.
Similar projects
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Sources
- Entourage project experience (anonymised)
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