Solutions

PRAEKT’s solution for effective credit management is a Three-stage solution, fashioned with the internationally recognized ISO-Certified Project Management Institute Methodology.

It entails:

• Firstly providing an initial swift consultancy service on the project in question. This will result in PRAEKT validating the project as feasible or not. A project Charter will be created and signed off at the close of this first stage.
• Our second stage entails the creation of a tailored Project Management Plan for the project in question, detailing all essential aspects of project management needed for a successful project. This plan will serve as the baseline measurement for all project activities by all stakeholders.
• Lastly we provide a comprehensive monitoring system for the project, with on-site reporting from the onset throughout the execution stage, documenting through all media formats possible.

PRAEKT’s Project Management Consultancy services are supported with the Microsoft project too, which provides a complete software compliment to the usage of Project Management Methodology.

By outsourcing your project work to us, you will:

• Cut your project operation cost while increasing efficiency and ROI.
• Be able to focus on your core business
• Obtain work class expertise on addressing the common sources of risk in construction project (viz. understanding of contract terms and conditions, design changes and errors, poorly coordinated work, poor estimates, poorly defined roles and responsibilities, unskilled staff, etc).
• Be able to increase financing to construction and secured investments in real estate.

Implementation of this collaboration will reduce operational expenses and help deliver projects within the approved budgets.