Capital Project Lifecycle Management services

Organizations often have to manage multiple large scale project situations, and they use multiple project management tools (Primavera, Excel, MS Projects etc.), including in-house tools and processes. This leads to huge uncertainty around CAPEX and OPEX, leading to lack of correct data and proper visualization for accurate reports. Around 50-80% time of qualified resources is spent on manual data validation and reporting, rather than on managing risks, providing insights and taking corrective action.

How Wipro Helps

Wipro provides Capital Project Lifecycle Management Services over the entire lifecycle across project initiation, project planning and project closeout. We also provide robust services for data integration, report generation and distribution, and ad hoc reporting and analysis. Our services offer you:

  • Predictability and reliability: Gain visibility across multiple systems (finance, project controls, work and resource management) by creating a repository of data points for project planning and design
  • Financial management: Visibility of schedules, cost and projects for better control over CAPEX spend at all levels in your organization
  • Stakeholder management: Eliminate functional silos in traditional project management functions to improve workforce, project engineers, estimation and scheduling efficiency/accuracy
  • Better risk management: Comply with all reporting needs, accurate information about health of business to stakeholders; simple, speedy and centralized documentation management
  • Free resources: Project controls resources will be able to free up time for critical requirements

Our capital project lifecycle management services are geared to deliver benefits to EPC organizations on areas of core focus. Our services include:

  • Project Initiation Services: Establish contract in control systems, support setup of communication plan, develop project charter support, schedule/cost/document management, get better procurement support
  • Project Planning Services: Scope, resource planning, cost/budget baseline curves, procurement plan, implementation support
  • Project Execution: Schedule updation, performance maintenance updation, change management, document controls
  • Project Closeout: Establish digital handover procedures and assure compliance
  • Project Monitoring and Control: Integrated change control, risk plan updation, detailed variance reporting, performance / cost / schedule trending and forecast reports, develop and disseminate performance and update reports, monitor and report on risk register
  • Data Management, Analytics & Reporting: Reports around time-scaled optimized logic Gantt, predecessor/successor, PERTs/Time scaled PERTs, What-if analysis, scenario/activity & relationship modeling, regulatory reports, management scorecards, work week/maintenance/backlog, Work Off/Burn down curves, daily resource histogram