Accountability & Project Controls
The IMCO project control process fully integrates accounting, scheduling, estimating and cost reporting information.
Estimating System: HCSS Heavy Bid estimating system is used to create milestone cost estimates and is used for all estimating. The system is extremely easy to review. Our team can display our estimate in real time. When estimating in a collaborative environment our system allows review of as much or as little detail as needed by the team to perform reconciliation, review “what-if” scenarios, and discuss budget issues.
Estimate Quality: Estimating and executing tight scheduling and sequencing is our business, and it has been for 40 years. We have intimate knowledge of diverse scopes of work. IMCO’s experience provides a solid foundation to develop and provide detailed and accurate cost estimates. We have the ability to anticipate problems and solutions from incomplete design documents in order to determine complete scopes of work.
Subcontractor/Supplier Management: IMCO routinely manages dozens of subcontractors at once on a project. We review hundreds of subcontractor bid submittals to determine the most responsive proposals for scopes of work required. Our team actively monitors subcontractor performance, schedule progress, and manpower on the job.
Quality Assurance/Quality Control: Our team believes in appropriate authority and accountability. An outside firm is brought in to oversee QA/QC, when beneficial. Our QA/QC plan ensures: project teams are addressing the risks to quality for each scope of work; quality documentation is appropriately handled; approved submittals are in place prior to fieldwork and work is performed in accordance; fieldwork is reviewed and approved by a QA/QC Coordinator; any deficiencies are identified, tracked and repaired.
Daily Cost Tracking: Our teams provide daily cost reports and cost tracking, for internal use and for clients review. This includes detailed breakdowns of labor, equipment, material, and subcontractor costs. Project control software tracks all costs and generates customized daily reporting to meet the needs of our clients. Actual versus budgeted costs can be reviewed and provided to clients on a daily basis.
Schedule Management: The schedule management strategy is deeply rooted in the culture of IMCO. We strive to complete our work ahead of schedule. Every member of the project team will commit themselves to deliver projects as efficiently and safely as possible. We develop schedules that include each key activity, decision points, approval processes, and milestones for a project. We develop the logic to create the critical path of the project and then track each of those processes to completion. IMCO teams will build schedules that track to the hour to assist in managing short duration shutdowns where applicable. Our reporting standards are designed to put necessary scheduling information into the hands of decision makers on the project, to increase accountability, and to complete our work ahead of schedule. Project schedules are updated weekly to ensure milestones are met and to add additional detail, activities, and constraints using powerful construction-scheduling tools and outside consultants when applicable.