Project Management

Connect. Control. Collaborate. Conquer.

"If you fail to plan you are planning to fail," these words are most relevant for project managers, who are often faced with challenges such as tight timelines, communication disconnect, environment and goal-related dynamics, burgeoning costs, and operational opaqueness. No wonder most organizations are realizing the importance of adopting an intelligent project management solution that automates the project management cycle while at the same time keeping a tab on related costs.

Ramco Project management is the most effective and intelligent solution available to address the requirements related to effective project management and drive operational excellence. The application offers the knowledge, skills, tools, and techniques required to manage and account projects in order to meet or exceed stakeholder expectations.

With Ramco Project management you can be assured of planning and administering the project management tasks and resources, end-to-end. You can record goals and milestones and map them against actual performance. The solution enables you to generate a project-wise profitability report through cost centers associated with projects/sub-projects.

Ramco Project Management can be easily integrated with other Ramco applications such as Procurement, Sales and Finance. The solution can also be integrated with Microsoft Enterprise Project Management Software and project scheduling can be done through that as well. To enable authorized access to a particular project, login ID and password can be provided to select ERP users.

Ramco Project Management guarantees to provide a direct solution to the market needs related to holistic Project Management & Accounting.

Project Administration

Ensure Resource Visibility & Project Security.

This module of Ramco Project Management software provides all the necessary features required to define, record and administer details pertaining to men and resources involved in the execution of the project. The solution offers features to define codes for incorporating user-defined requirements and record resources required for any work to be done during the project execution; here resources mean Man and Machine. You can also define tasks, which are the actual building blocks for the project, to indicate the real activities related to the project. The solution also allows you to map users to the project, thereby providing user level security and restrict unauthorized access.

  • Drive the Project Methodically. Administer your project resources end-to-end.
  • Define and record all key resources (Man and Machine) involved in the project.
  • Define access rights for people involved in the project to ensure user level security and restrict unauthorized access.

Project Planning

Avoid Unpleasant Surprises. Plan Well.

The relevance of resource and task planning can never be undermined in the course of execution of any project. The Project Planning module of Ramco Project Management solution enables you to effectively plan for your project so that you can define multiple tasks of a project / sub project in a planned sequence of execution. You can record nature of the tasks to be performed, details of the effort along with its UOM (unit of measure), details of the output quantity along with its UOM at a particular work area can be maintained.

Ramco Project Management solution also allows you to define material requirement and resource requirement for tasks, based on the defined work areas. Task information consists of work break down structure. Work plan can be also broken into discrete tasks defining the effort involved in each task, the actual location of these tasks. You can also record tasks that need to be subcontracted. For construction projects, there is also a facility to define real estate related masters such as land and land amalgamation details, work area details, and so on.

  • Plan ahead of the project and avoid resource leakage and time wastage.
  • Effectively define multiple tasks of a project/sub project in a planned sequence of execution.
  • Easily record tasks that need to be subcontracted through the same window of the module.

Project Tracking

Have a Tight Grip over the Project Developments.

This module of the Ramco Project Management solution empowers you to track all resources and performance of individuals involved in the execution of a project against the pre-defined parameters and goals. The solution offers the facility to record the project objectives and results, and also capture expected results as well as the actual results for effective analysis. Records pertaining to milestone completion can also be recorded. By effectively tracking the progress of the project, you can identify and analyze the issues and risks involved in the project. Details of how the issues were resolved and how the mitigation plan and contingency plans were evolved can also be maintained. Project / sub project status can be updated as closed on project completion and ongoing project / sub project can also be short-closed on giving appropriate reason.

  • Record and track details related to project progress, resource performance, milestones achieved, effectively.
  • Map expected results against the actual results for effective resource performance analysis.
  • Identify and analyze the issues and risks involved in the project and deal with them proactively.

Project Billing

Classify Cost Centers.

Projects can be classified based on its nature such as Generic or Construction, or based on its size as Small, Medium or Big, or further can even be classified as Billable or Non- billable. With Ramco Project Management solution you can define cost centers related to your project. Billing and Payable milestones can be defined and planned/projected revenue/disbursement details of a project against each milestone can be captured. Milestones can be mapped to Project cost centers and invoices can be generated against reported milestones. This module provides the necessary framework to calculate overall project costs as well as classified costs such as task-wise, milestone-wise, resource-wise costs.

  • Define cost centers and billable & non- billable attributes related to your project.
  • Calculate overall project costs as well as classified costs such as task-wise, milestone-wise, resource-wise costs.

Project Accounting

Account for Every Penny Spent.

This module of Ramco Project Management software enables you to map cost group to account codes for consolidating the project expenses and revenues. The solution offers the provision to record account-based project budgets. It offers an option for mass approval of account budgets for multiple projects. Project budgets can be defined for Account code – Finance Book – Financial year – Project code combination. You can also record funds received against a project and indicate whether a fund can be used for the entire project or to be utilized only for the execution and completion of a specific component of the project. Fund currency can also be different from the project currency.

  • Define project budgets.
  • Consolidate expenses and revenues and record account-based project budgets.
  • Record funds received against a project whether a fund can be used for the entire project or partially.

Project Profitability

Know the Profit Gains or Dips.

Ramco Project Management software offers the facility to analyze profitability of projects and sub-projects, by leveraging cost centers in Project Management Accounting module. You can ascertain task-wise, resource-wise performance or overall performance of the project by comparing actual versus planned expenses, actual revenue with forecasted revenue and actual profitability against planned profitability to analyze profitability percentage.

  • Generate your project’s performance report card to ascertain your projects’ or sub-projects’ profitability, or task-wise/resource-wise profitability.
  • Measure profitability, objectively, by comparing actual versus planned expenses, actual revenue with forecasted revenue and actual profitability against planned profitability.

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