Do you control your projects by reading yesterday's news?

One of the great challenges for project-intensive companies in the Oil and Gas industry is to keep track not only of historical costs in the general ledger, but all costs incurred according to plan and progress, and be able to provide reliable forecasts on both detailed and overall level for management. Project management performance in IFS Applications™ is based on the principles of Earned Value Management (EVM), a recognized technique for measuring project progress. With the use of IFS Applications, you get the unique ability to combine measurements of scope, schedule, and cost in a single integrated system. This makes your forecasting easier and more accurate, and you can utilize EVM techniques to control your projects.

To learn more about Oil and Gas Industry Control Projects, download this executive summary.

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