PROJECT MONITORING OF THE INVESTMENT PROJECT
WHY PROFESSIONALISM PAYS OFF
The cost-benefit analysis plays a central role in the project monitoring. To achieve the desired efficiency, it is necessary to adapt control mechanisms in it’s structure and complexity, in line with the complexity of the purpose, and set the tools according to the project situation. Project professionals ensure, that the investing company achieves a maximum risk-reduction at a minimum of costs.
WHY PROJECT MONITORING IS VITAL
To our experience, chances of a successful project improve considerably, if the investor receives – be it in regular intervals or in line with milestones – a project status report from independent experts.
In many cases, project funds have been agreed to be released step by step, in accordance with the actual project progress.
By implementing such procedures, the bank ensures that the finances are used in compliance with the objectives and expectations.
Furthermore, this keeps the investor informed about the actual development of the project owner and his partners.
Finally, the bank will be able to verify that the execution of the project complies with the contract, and allows the responsible persons to continuously assess the results of the investment project.
PROJECT SURVEILLANCE MINIMIZES THE FINANCIAL RISK:
By its nature, these monitoring measures are very well suited to significantly reduce the financial risk of the investor, but it also works in favor of the project owner. A professionally accompanied project can be financed on significantly more favorable terms, and in addition the debtor benefits from the early warning system established by the financiers.
As to our experience our mission mostly ends at the take-over of the new facility by the client, respectively when the loan repayment starts as per contract.
OUR OFFER FOR YOU AS PROJECT OWNER / FINANCIER:
- concrete-pmc monitors the project from the date of signing the loan agreement, as long and to the extent, as we define it at the project kick-off.
- We compile the actual project situation from requested reports from the project owner and his contractors. In addition, we verify the reports on site, in the project office and on the construction site.
- concrete-pmc prepares cyclical and/or milestone triggered status reports, including a founded preview, which are, according to specifications, eligible to provide you as an investor with comprehensive information. They give an early warning if necessary, or, if the project progress is in line with the expectations, it allows you to release the next tranche of the loan. These regular reports are supplemented by ad hoc reports, which will be released, if we come to know certain issues, of interest for an investor like you.
YOUR BENEFITS FROM OUR WORK:
- You stay informed at all times about the status and progress of the project and also about the next steps planned.
- You can depend on our comprehensive project reports, unbiased and unvarnished, matching reality.
- If the project is at risk of completely spiraling out of control, you will be warned at an early stage, which allows you to react timely and adequately to establish appropriate corrective measures.