Project Management

The Problem

Projects are complex, with unclear tasks and milestones. Teams use different tools, making it impossible to get a unified view of project status, resource allocation, or financial performance.

Real Experience

An engineering firm managed projects using a combination of email, spreadsheets, and standalone project management software. Financial data lived in the accounting system, and actual work execution was tracked separately in production systems. When clients asked for project status, it took days to compile accurate information from multiple sources.

The Solution

ERP project modules track every phase, resource, and financial aspect, while MES ensures execution accuracy. Integration provides a single source of truth for project status, costs, and progress.

Key Recommendations

• Integrate project management with financial and operational systems
• Track time, materials, and costs against project budgets
• Establish clear milestones and deliverables
• Connect project planning to actual execution (MES, time tracking)
• Provide real-time visibility to all stakeholders

Mistakes to Avoid

• Using inconsistent tools across different project phases
• Disconnecting operational and financial data
• Not tracking actual resource consumption against plans
• Failing to integrate project management with execution systems
• Missing real-time visibility into project status and profitability