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Function Level Schedule Five Software
Experience Function Level 5 Scheduling Excellence
Function Level 5 scheduling is designed for meticulous planning, monitoring, reporting, and progress control across various functions. These functions encompass Basic Engineering, Detailed Engineering, Ordering, Manufacturing & Delivery, Tendering, Construction, and Pre-commissioning/Commissioning.
We calculate the percentage progress of each activity, aggregating it seamlessly from lower levels to higher levels and ultimately to Project/Complex levels.
Our progress monitoring and reporting are not only based on efforts but also on quantity, as applicable. Our approach is resource-loaded, ensuring comprehensive and effective project management.
FLS5 Software is a powerful tool that can help EPC organizations to improve the efficiency, accuracy, visibility, and control of their projects. It is a valuable tool for any EPC organization that wants to save time and money on its projects and deliver high-quality results to its clients.
Key Features of FLS5 :
- Function level schedule five for activity/milestone/deliverable level scheduling
- Progress monitoring and reporting based on efforts as well as quantity
- Resource loading
- Integration with other project management software
Benefits of FLS5 :
- Improved efficiency and accuracy: FLS5 Software automates many of the time-consuming tasks involved in project management, such as scheduling, monitoring, and reporting. This frees up project managers to focus on more strategic tasks.
- Reduced costs: By helping project managers to avoid delays and improve efficiency, FLS5 Software can help organizations to save significant money on their projects.
- Increased visibility and control: FLS5 Software provides project managers with a clear overview of all of their project-related activities. This can help them to identify potential problems and make informed decisions.
Concept of FLS5 from Pre-execution to Project Closure
Importance of the Function Level Schedule Five (FLS5)
The FLS5 (Function Level Schedule), as a practice, helps in standardizing the organizational processes around the entire process of the project and the user base across the organization/employees starting from;
- Pre-execution
- Conceptualization
- Feasibility Report (FR) stage
- Select Gate stage
- Detailed Feasibility Report (DFR)
- Execution
- Planning
- Engineering
- Ordering
- Manufacturing
- Construction
- Commissioning
- Project Close Out
FLS5 Dashboards
Execution Progress Breakdown
Why Choose to Buy FLS5?
The FLS5 Software covers the projects and offers a number of primary functions to the organization, including:
Senior Management Functions:
- Portfolio analytics and selection
- Portfolio tracking (performance monitoring)
- Portfolio planning, including resource allocation
- Portfolio selection and prioritization
- Portfolio process management
Download Whitepaper to know why.
FLS5 Brochure
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Broad based Management Functions provided by FLS5:
- Project Management
- Finance Control
- Risk and Issue Management
- Resource Management
- Demand Management
- Schedule Management
- Reporting and Power intelligence (PI) Insights
Why do we need a Function Level Schedule Five Software?
- Support the integration with the enterprise: enables the organization for integrating a whole view over the cost, schedules, and resources.
- Provide information for different levels of stakeholders: FLS5 is a simple enough to be used by different levels of stakeholders (Internal and External) and enables them to perform their roles
- Support dynamic changing environments and priorities: Flexible enough to adapt to changing environments and to have external stakeholders independent of external influencing factors.
- Manage the project portfolio and provide high-level dashboards: Project dashboards enables the Managers, Business Heads, Divisional Heads, and Project Groups to manage the selection, managing, reporting, and optimization of all projects through a consolidated dashboard that can provide enough customized information about the portfolio in order to facilitate their strategic decisions.
- Map and support your processes: Supports the many industrial processes with in-built availability of the standard executing functions such as Engineering, Ordering, Tendering, Manufacturing and Delivery and Construction, Commissioning etc.
- Teams Work and Bonding: Collaboration between different teams in different locations through web based operating technology. It makes it feasible to build project teams from across the organization.
- Build your knowledge base: The central repository of information. Reduces the time spent in planning from project to project.
- Simplify and reduce the administrative burdens: One of the main focuses of the FLS5 tool is to simplify the reporting processes during projects. Enables the project managers to focus on their main tasks during the projects.
- Support the organizational standards and consistency across the projects: Supports the consistency and standardization among all projects with their use of common knowledge information.
Advantages
- Standardizing the Organization Processes
- Project-wise Progress Roll-up
- Multiple projects handling on one platform for progress monitoring and control
- Centralized database for data security with high search engine
- Mail alerts generation directly from system for critical and failing activities / milestones
- Profile access management for users
- Activity / Milestone-wise forecasting with resources and %age progress
- Delay Analysis and Reporting with Action Plan
- Catch up Plan for Delay Trend
- Revise Baseline Schedule as per Client’s Approval
- Auto preparation of various reports viz. DPR, WPR, MPR, Executive / Flash Reports etc.
- Real time progress monitoring with analytical & attractive dashboards & reports
Features & Functionalities of Function Level Schedule Five (FLS5) Software
Network Scheduling
- CPM based Project Network Schedules for Levels with resource loading, Generation of Critical Paths at Unit / Complex levels
- Alerts generation for Delayed activities in critical path, Non critical activities becomes critical due to delay, Revised estimated date/schedule of the project activities, Forecasting etc.
- Generate dynamic schedules like 30 days / 90 days Look ahead Plan with Resource requirements.
- Cost monitoring, reporting and control at Activity level as well as at Unit / Complex with forecasts based on various scenarios., Reporting in Tabular and various Graphical forms (histograms, curves etc.)
- File Comparison between the base files.
- Percentage Progress calculation at Activity as well as Unit & Complex level.4D (3D + Time) Scheduling
- Linking Activities Schedules with IFC 3D Models for monitoring the Critical Construction activities (if necessary) with the help of standard review and other similar software
- Estimation – P&M Cost details, Project-wise, Unit-wise, Cost data repository.
- Vendor Performance Evaluation / Rating Calculation, using cost, quality and timeline parameters, including vendor watch-list and holiday list, Vendor Expediting
- Contractor Performance evaluation / Rating Calculation, using schedule completion, cost expenditure, quality and timeline parameters, safety inclusions, including Contractor watch-list and holiday list
- Risk Management, Identification & Categorization, Assessment & Quantification, Documentation (Risk Register), Mitigation, Implementation Plans, Calculation of Risk Score, Risk Monitoring, Risk Matrix, Graphs etc.
- HSE (Health, Safety and Environment – Various national & international approaches adopted for proper assessment of HSE measures.
- Project wise, Unit wise Cost data repository
- Project wise Work Order repository
- Environment clearance/ statutory clearance status & data repository.
- Alerts Generation – Auto generation of emails, SMSs, notifications for pending claims based on pre-decided frequency, Auto generation of emails before expiry of policy
- Document Management with workflow levels of Performer, Reviewer, and Approver for the documents and data management
- Project wise material import related data entry / updation / document uploading / monitoring & Alert system – The program has capability to incorporate Project Import Reference details & Concessional Project Import Details (EPCG License / Post Duty Credit etc. in case of Imported Pos / LSTKs)
- UI availability for entering manual data as per requirement
- Customized Data Report generations
- Upload reports received from Project Stakeholders
- Uploading & intelligent viewing of pictures/videos for reporting project progress at project sites / repository
- Project Insurance and Imports
- Project Compendium
Case Study
Explore the Success Story! Read Our Case Study and Uncover How We Achieved Remarkable Results Together.
