CONSTRUCTION
Managing Project Financials for a Construction Company
Client challenge: Project cost tracking was done on disparate spreadsheets, leading to delayed visibility on overruns.
Client-Managed Support
"This engagement was delivered as a client-managed offshore accounting setup."
Challenge
Project cost tracking was done on disparate spreadsheets, leading to delayed visibility on overruns. The project managers were effectively flying blind until month-end.
OFP Role & Responsibility
What OFP Did
Entered and coded project costs daily into the central system under the direction of the Commercial Manager.
What Client Kept
Commercial Manager directed the coding logic and approved all variations.
Outcome
Delivered real-time financial visibility across projects. Improved project cost management by 30% by catching overruns early.
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