Capital Process Consulting provides thorough audits and expert support across all facets of capital systems management. By evaluating existing processes, we identify opportunities for improvement and design customized enhancement tools, including PowerBI dashboards, flowcharts, and automation applications. Our approach is focused on streamlining operations, boosting efficiency, and driving overall performance, thereby cultivating a data-driven culture that empowers effective project management and informed decision-making.

Our Capitalization service includes quarterly site visits to validate completed construction work and update Use and Occupancy (U&O) dates. For ongoing projects, we continuously update projected completion dates to maintain accuracy. These updates are meticulously recorded in SAP, ensuring that the capitalization of completed work is consistently reflected. This process guarantees precise project tracking and the establishment of realistic timelines. Our experienced team delivers detailed reports and actionable insights, empowering stakeholders with better decision-making capabilities and facilitating efficient project management throughout the project lifecycle.

Project establishment begins with defining clear objectives and scope, followed by the creation of a detailed Work Breakdown Structure (WBS) to facilitate organized task management. Utilizing systems like eTrending and SAP, we accurately input project data to streamline estimate coding and forecasting processes. Continuous monitoring of project costs enables the identification of early trends, risks, and opportunities, supporting informed decision-making through trend and change management. This proactive approach ensures timely adjustments and efficient resource allocation, ultimately maximizing efficiency and driving successful project outcomes throughout the project lifecycle.

Requisitions created based on quotations ensure that procurement aligns with vendor-provided pricing and terms, facilitating transparent and accurate purchasing decisions. Distinguishing between capital and expense expenditures is critical for proper financial categorization and budgeting. Verification of receipt with vendors confirms that goods or services have been delivered as ordered, preventing discrepancies and supporting audit compliance. Managing change orders effectively addresses modifications in scope or cost, maintaining contractual integrity. A thorough understanding of General Ledgers (GLs) and adherence to established purchasing procedures guarantee accurate financial tracking and compliance with company policies. Our team offers ongoing support to streamline the requisition process, enhancing operational efficiency and ensuring consistent application of best practices.

The capacity to transform raw data into meaningful insights through intuitive visualizations and interactive dashboards is essential for modern project management. By seamlessly connecting diverse data sources, organizations can identify trends and patterns that might otherwise go unnoticed. This capability enables data-driven decision-making, driving performance improvements across all project phases. Furthermore, fostering a data-driven culture enhances overall project effectiveness by empowering teams with real-time information, encouraging proactive problem-solving, and facilitating transparent communication. Ultimately, this strategic approach leverages data to optimize outcomes and deliver sustained value.

Real-time visibility into order status and delivery timelines plays a crucial role in optimizing supply chain operations. By providing up-to-the-minute information, businesses can manage inventory more efficiently, minimizing stockouts and overstock situations. This transparency reduces the risk of delays by allowing proactive adjustments to schedules and resource allocation. Additionally, it enhances overall operational effectiveness by enabling better coordination among teams and stakeholders. At Next Team Services, we create and maintain Equipment Status Matrices (ESMs) to support accurate project scheduling, spending forecasts, and timely tracking of equipment receipts, ensuring seamless project execution and budget adherence.

Our experienced Cost Engineers excel in managing the entire project lifecycle, beginning with the Conceptual and Feasibility phases to establish a solid foundation for cost planning and risk assessment. They meticulously handle Budgeted Value of Acquisition (BVOA) and Bid Checks to ensure accuracy and competitiveness in pricing, while rigorously analyzing market fluctuations and industry trends. This comprehensive approach allows for precise forecasting and validation, ultimately facilitating informed decisions around Funding allocation and project viability, minimizing financial risks and maximizing return on investment.

Quickly and effectively providing photometric level accuracy and advanced visual tools ensures precise lighting analysis and design validation from the outset of a project. Integrating constructability inputs early enhances collaboration between design and construction teams, allowing for the timely identification of potential challenges and opportunities. This proactive approach facilitates seamless integration with design workflows, enabling early clash detection and the use of virtual reality (VR) technologies to visualize and resolve issues during initial project concepts. Such integration not only streamlines project delivery but also reduces costly revisions, improving overall efficiency and project outcomes.