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Are your construction projects in good health? Do you have the honest answers?

Don't panic!

Ship's captains change course or adjust their trajectory to deal with variables all the time. A mountain is not conquered by sticking to the plan that was established at base camp. Even Michelin Star chefs spoil the sauce occasionally - they just know how to bring it back.

Like nature and all things human, things change, unpredictably, sometimes brutally and occasionally in a hostile way. You have to stay aware otherwise change can seriously damage you and the health of your business.

Construction is an environment in which the climate, economic forces and humanity all come together in a melting pot. The inputs start from day one of the project and can be relentless as it unfolds, so it is vital to use reliable tools that allow you to stay in control.

To stay in control, you need Project Ledger Management

You may be aware of ledgers - sales ledgers, purchase ledgers, etc. - which are essential to monitor and control the financial operations of any business. A Project Ledger is something more sophisticated, which Quantum CPM can implement and manage for any construction project.

Project Ledger Management - preventative healthcare for your projects

A doctor can only recommend a course of treatment if they can determine a patient's symptoms, perhaps backed up with test results. But imagine if that doctor was checking the patient every week before any symptoms arise?

Project Ledger Management does this constant monitoring to prevent major problems unfolding. By looking at factors such as variations, loss and expense, retained amounts and contra charges as the project progresses, the Project Ledger will help you maintain your Cost Value Reconciliation (CVR) and inform your decisions about what actions are needed to ensure positive outcomes.

It enables you to health-check projects in real time so that management are aware of the project status at all times and decisions can be made based on fact. This allows the right management resources to be deployed so the project can be successfully delivered.

How Quantum CPM can help

Our Project Ledger Management service will give you the high level insights you need to keep your projects in good health and lead projects effectively. It is provided by highly experienced quantity surveyors who have decades of experience in construction projects and understand what is required for contractors to be able to stay in control of jobs.

The service helps with cash flow monitoring and management account preparation based on job status and probability assessments. It also assists Financial Managers to monitor and control all income from jobs. We set up control sheets and carry out high level reviews, challenging the QS's predictions of job returns, as well as health checks on specific jobs where problems have occurred and/or could be avoided.

Part of our Bundle of Services

Project Ledger Management is a key part of our bundle of services designed to help Contractors and Sub-Contractors protect themselves more comprehensively in construction projects and make sure their services can be delivered as promised with the minimum fuss or risk of financial loss. These start with Contract Vetting prior to even agreeing to work on the project right through to Retention Fund Management.

For a free initial consultation, contact Quantum CPM on 0161 974 6655 or email .

Find out more about our bundle of services.